Explore what Non-Fungible Tokens (NFTs) are, how they work, and why they’re revolutionizing digital ownership.
Introduction to NFTs
NFTs are unique digital assets verified using blockchain technology, representing ownership of digital art, collectibles, music, and more.
How NFTs Differ from Cryptocurrencies
Unlike cryptocurrencies such as Bitcoin, NFTs are non-fungible, meaning each token is one-of-a-kind and cannot be exchanged on a one-to-one basis.
Use Cases for NFTs
- Digital art and collectibles
- Virtual real estate
- Gaming assets and items
- Music and media rights
How to Buy and Sell NFTs
NFTs are typically traded on specialized marketplaces like OpenSea or Rarible using cryptocurrencies, mainly Ethereum.
NFTs provide a new way to prove digital ownership, empowering creators and collectors worldwide.
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