What are NFTs?
NFTs are digital assets created on a blockchain. They can be everything from gaming items and digital arts, to sports collectibles and real-world assets. NFTs are based on a concept of true ownership, where your asset is stored in your blockchain wallet address that only you have access to.
Non-fungible tokens are not divisible and are stored in the project wallet as separate tokens with individual data. NFTs are suitable for things like certificates, rare items, collectibles, gaming characters, and basically any asset that requires its own identity.
There are two main standards for Non Fungible Tokens:
Last modified 4mo ago