What is NFT?

They are non-fungible tokens, which means that they are proof of fixed ownership assets that can be for a specific image, a music clip, or a video clip.

The origin of this token goes back to only one person based on blockchain technology that allows you to track all ownership transfers on each NFT token, meaning if you own a book and write your name on it and later sell it to someone else who also puts his name on it, and if the book is sold and traded to more people, you can know everyone who owns this book and this book cannot be erased or hidden, it will remain here forever. This is a simplified explanation of blockchain.

These tokens cannot be replaced by anything else {non-fungible} unlike digital currencies that can be considered fungible tokens, to make the subject simpler, you can sell and buy these images or videos on dedicated platforms such as Opensea.

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