NFT

NFT stands for Non-Fungible Token, which is a type of digital asset that represents ownership or proof of authenticity of a unique item or piece of content. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique and cannot be exchanged on a like-for-like basis. NFTs have gained popularity in the art and collectibles space, allowing artists and creators to tokenize their work and sell it on blockchain platforms. These tokens are secured by blockchain technology, providing transparency and provenance for the ownership of digital assets."