TOKENS & ASSETS
NFT (Non-Fungible Token)
Definition
NFTs are unique digital tokens that represent ownership of specific digital or physical items. Unlike fungible tokens, each NFT is distinct and cannot be exchanged on a one-to-one basis.
Example
Example
An NFT might represent ownership of digital art, in-game items, or even real estate deeds on the blockchain.
Risks to Consider
Risks
- Illiquidity
- Speculative bubbles
- Storage dependencies
