An NFT or Non-Fungible Token is a type of Token that represents a unique encrypted asset and can be a real asset, a digital asset, or both.
It functions as verifiable proof of authenticity and ownership within a blockchain. It can be sold and then resold on a secondary market using marketplace platforms in decentralized finance or DeFi ecosystems.
There are many brands using NFTs. The most popular themes are: Artistic, musical, collectible, fashion, sports and video games.
Encrypted safes
The success of NFTs lies in the fact that they are excellent safes for all kinds of assets that are unique and valued. Although there are multiple types of NFTs, they all share some common characteristics: