Phygital NFTs refers to any physical product or experience that is either represented by or linked to a digital NFT.
These exist in the digital realm on a blockchain network as a digital item while simultaneously having a corresponding tangible asset in the physical world.
These bring a certificate of authentic ownership to the fore, eliminating counterfeiting concerns for the buyer.
Phygital NFTs renovate the user experience for collectors or buyers by offering an immutable record of ownership.