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What is a NFT?

What is a NFT?

Simple Terms: A digital contract in currency form that is a verified proof of ownership or copyright use. The "Use of a NFT" are:

  • post on your profile

  • selling a T-shirt

  • listening to a song

  • watching a movie

  • and much more

A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership.


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