NFT’s Explained

An NFT can be seen as a digital certificate representing a one-of-a-kind asset.

NFT’s are best understood as unique digital assets that utilize blockchain technology to provide ownership and verification of their authenticity.

When an NFT is created, the action is permanently recorded on the distributed ledger and timestamped, making it possible to trace and verify.

The NFTs metadata serves as an authentication stamp that allows buyers and collectors to distinguish between two assets even if they appear identical.

NFT metadata includes details about each digital asset, including its name, description, creator information, date created, edition number, and token ID.