What Are Non-Fungible Tokens, and How Do They Work
Non-fungible tokens (NFTs) have taken the digital world by storm, revolutionizing how we perceive ownership and value in the digital realm. These unique digital assets, built on blockchain technology, represent ownership of distinct digital or physical items, such as art, collectibles, or even virtual real estate. Unlike cryptocurrencies like Bitcoin or Ethereum, NFTs are indivisible and cannot be exchanged on a one-to-one basis. Each NFT is one-of-a-kind, carrying a verifiable digital signature that proves its authenticity and ownership.