Tell me more about NFTs…
NFTs (Non-Fungible Tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. They are digital one-offs. NFTs allow you to buy and sell ownership of unique digital items, they are basically blockchain tokens representing a unique digital item. NFTs can represent almost anything like artwork, graphics, music, videos, images etc.
‘Tokenizing’ these real-world tangible assets makes buying, selling and trading them more efficient while reducing the possibility of fraud.
Using the same technology that powers cryptocurrencies (blockchain). But they are completely different things.
