Home Discussions Career and Art Business How are NFTs and cryptocurrencies connected?

  • Nidheesh Chandran

    March 2, 2022 at 3:35 pm

    NFTs are not exactly cryptocurrencies, but they are built using technology similar to Bitcoin and Ethereum. Just like the cryptocurrencies, these NFTs exist on a blockchain, which verifies their unique identity and ownership. The blockchain also holds a record of all the transactions connected to the particular NFT and the property it represents. Most of the NFTs are held on the Ethereum blockchain.