#NFPCryptoImpact What is NFT and why are they popular?

NFT (non-fungible token) is a unique digital asset that exists on the blockchain. Unlike cryptocurrencies, each NFT is unique and cannot be replaced with another token. It is used to represent ownership of digital and physical objects, such as:

Art (digital paintings, animations).

Music and video.

Virtual real estate and game items.

Trading cards.

Why have NFTs become popular?

1. Uniqueness and rarity. Each token has a unique code confirming its authenticity.

2. The ability to monetize creativity. Artists, musicians, and content creators can sell their works directly, without intermediaries.

3. Investment attractiveness. NFTs have become an object of speculation - rare tokens can increase in price.

4. Gamification and metaverses. NFTs are actively used in video games and virtual worlds.