Home › Discussions › Career and Art Business › What exactly are NFTs. I’ve heard a bit about them? › Reply To: What exactly are NFTs. I’ve heard a bit about them?
MemberFebruary 25, 2022 at 7:50 am
NFTs non fungible tokens are digital collectibles. They can be anything whether art, music, items from video games or any form of digital media. NFTs are tagged with a unique information which can be verified on a blockchain that indisputably proves authenticity and ownership of the item. Non-fungible tokens or NFTs are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. If you buy a an NFT its like owning the .jpeg file. But if you have the paperwork proving you own the original, that’s the value that an NFT provides. I hope it’s clear?