What is NFT?

NFT (Non-Fungible Token) is a unique digital item with blockchain-managed ownership. Examples of NFTs include digital art, collectibles, virtual reality projects, encrypted domain names, ownership records for physical assets, etc.

Each NFT is mapped to a unique serial number on a specific blockchain, which cannot be tampered with. These qualities make NFTs an excellent carrier of digital artwork, each NFT representing a specific digital artwork or a single replica of its limited release, recording its immutable on-chain rights.