What Are NFTs (Non-fungible Tokens)?

Non-fungible tokens (NFT) are cryptographic digital assets that each have uniquely identifiable metadata and codes. 

Let’s dive into the details about how NFTs work, what they’re important, and what makes them valuable. 

NFTs are easily verifiable and unique, each one able to be traced back to the original issuer.

What are NFTs Used For?

This opens up many opportunities for online gaming and world creation.

NFTs and Gaming

NFTs are revolutionizing the art world. Using an NFT exchange, artists can sell digital art directly to buyers, removing the need for a gallery or auction house.

NFTs and Art

Storing identity information on the blockchain has the potential to eliminate these risks and may one day make travel processing more efficient.

NFTs and Identity Management

Another use case for NFTs is in real estate. Dividing up a property is difficult, but dividing digital real estate is easy.

NFTs and Real Estate