What Is An NFT?

Non-fungible is a term often used to describe things that are unique and non-interchangeable. A non-fungible token (NFT) is a digital asset that is unique and verifiable. We are witnessing new forms of NFTs created every day; the most common applications are digital collectibles, music, art, and games, though NFTs can represent real-world items like memberships, ticket stubs, and even real estate.