What is NFT?
An NFT (Non-fungible token) is a unit of data stored on a digital ledger, called a blockchain, which can be sold and traded. The NFT can be associated with a particular digital or physical asset (such as a file or a physical object) and a license to use the asset for a specified purpose. An NFT can be traded and sold on digital markets. Most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin, Shiba Inu, or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently.
NFTs, are unique and not mutually interchangeable, which means no two NFTs are the same.
NFT is the new Art revolution. For the first time in history digital Art has the possibility to be unique again. With NFT, digital Art can now be an original piece, not only a copy of copies. NFT gives all digital artists the possibility to have their own Mona Lisa.