A non-fungible tokenA non-fungible token (NFT) represents a single unique asset as a cryptocurrency token. NFTs tokenize digital or real-world assets and... Read More (NFT) is a type of cryptographic tokenA cryptographic token is a digital asset used to represent ownership of an underlying asset. Read More that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownershipEvery transaction and block on a blockchain has an owner. An owner is any entity (person, group, or organization) with... Read More within a blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are... Read More. NFTs are not interchangeable with each other and introduce scarcity to the digital world.
