Non-fungible tokens or NFTs are cryptographic digital assets stored on a blockchain with unique identification codes and metadata that distinguish them from each other.

Unlike cryptocurrencies, NFTs cannot be traded or exchanged at equivalency because each token is unique and represents a distinct asset or right.

• Digital artwork
• Real estate and property rights
• University degrees and identity credentials
• In-game items and avatars
• Domain names
• Event tickets
• Collectibles

NFTs provide a public certificate of authenticity and proof of ownership, but they do not prevent copying or sharing the underlying digital file itself.