NFTs (Non-Fungible Tokens) are unique digital assets stored on a blockchain, verifying ownership and authenticity. They can represent art, collectibles, music, videos, or any digital content. Each NFT has a distinct value and cannot be replicated, making them sought after by collectors and creators in the digital space.
NFTs have gained popularity for enabling creators to monetize their digital work and providing buyers with unique ownership of digital assets. Platforms like OpenSea and Rarible allow users to buy, sell, and trade NFTs. The high demand for NFTs has led to substantial sales, raising questions about their environmental impact and long-term viability.