Non-fungible token

Non-fungible tokens (NFTs) are unique digital assets that represent ownership or proof of authenticity of a specific item or piece of content, typically using blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique and cannot be exchanged on a like-for-like basis. NFTs can represent a wide range of digital items, including art, music, videos, virtual real estate, and even tweets, and are often bought and sold on various online marketplaces.