What is an NFT?

4/5/2022

A Non-Fungible Token (NFT) is a unique, non-interchangeable unit of data stored on a blockchain. NFTs can link to and/or represent digital files, including but not limited to art, photos, videos, gifs, audio, as unique entities on the blockchain. NFTs can also connect to physical items. When someone purchases an NFT, the digital or physical asset is replaced with a digital token recorded as a unique entity on the blockchain. NFT tokens are also assigned a unique identifier to function as a title of ownership and authenticity of said digital content or physical item. 

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