What is an NFT?
NFTs provide a way to prove ownership and authenticity of digital art, which is something that wasn’t really possible before because of how easy it is to copy digital files. This is why there’s so much excitement around them.
NFTs are non-fungible tokens, a digital asset that is backed by the blockchain for verifiable ownership and authentication. They are used to represent unique digital assets, such as digital art.
Artists mint NFTs of their artwork making it available to collectors as digital property with record of ownership immutably listed on the Blockchain.