I'm trying to understand this new concept called NFT format. I've been hearing a lot about it recently and I want to know what it actually is, especially in terms of its format. Can someone explain it to me in simple terms?
6 answers
SsamziegangSerenadeMelodyHarmonySoul
Mon Dec 16 2024
Non-fungible token (NFT) art represents a novel form of digital assets.
Claudio
Mon Dec 16 2024
These assets are securely stored on a blockchain, ensuring their authenticity and scarcity.
BonsaiVitality
Mon Dec 16 2024
NFTs can represent various forms of content, extending beyond the traditional boundaries of physical art.
Nicola
Mon Dec 16 2024
For instance, digital drawings and paintings are common mediums represented through NFTs.
GyeongjuGrace
Sun Dec 15 2024
Additionally, music, film, poetry, and even books can be tokenized as NFTs.