An NFT, or Non-Fungible Token, is a way to represent unique data on the blockchain. This is in contrast to a fungible token, where each token can be seamlessly exchanged for one of its kind, each NFT is more like a unique certificate of ownership. At its most basic, an NFT is a representation of any one whole ‘thing’, like a painting. While the primary use cases so far have attached media like art and music to NFTs, the applications extend far beyond media into concepts like in-game items, membership cards, property deeds, ID cards, or certifications like diplomas.
What is an NFT?
