WHAT IS AN NFT?
You may have heard of NFTs in the news or social media from independent artists and established brands. More people are joining the NFT space every day. So, what is an NFT? Read through our guide to learn about this unique blockchain application
NFT stands for Non-Fungible Token. "Non-fungible" means that it is completely unique. "Token" means that it can be transferred on a blockchain. Essentially, NFTs are assets that carry a unique digital identity and can be traded between users on a public blockchain like Tezos.
Common examples of NFTs include artwork, trading cards, comic books, sports collectibles, games and more. Although NFTs tend to be associated with artwork, they actually represent much more.