What is it?
An NFT, or non-fungible token, is a unique digital item stored on a blockchain.
Tech Understandability: Beginner
Simple One-Sentence Definition
NFTs are digital collectibles that you can own and sell.
Analogy or Comparison
Think of an NFT like a one-of-a-kind trading card.
Why it matters?
NFTs represent ownership of digital art, music, and other content.
Fun Fact
The first NFT was created in 2014, but they became popular in 2021.
Related Terms
blockchain: A blockchain is a secure, digital ledger of transactions.
cryptocurrency: Cryptocurrency is digital money that uses encryption for security.
digital art: Digital art is artwork created using digital technology.
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