NFTs are unique digital certificates stored on a blockchain, verifying ownership of digital or real-world items like art or music, here are some things to know.
1
An NFT is like a one-of-a-kind certificate for a digital asset.
2
The ownership information is stored on a blockchain, a secure public record.
3
NFTs act as proof that you own a particular digital item.
4
Unlike money, each NFT is unique and irreplaceable.
5
NFTs can represent digital art, music, videos, or real-world items.
6
People can buy and sell NFTs using cryptocurrency or regular money.
7
NFTs are a relatively new concept, and their value and use cases are still evolving.