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What is NFT Art?

What is NFT Art?

NFT art is a digital token that exists on the blockchain and represents either a specific digital or physical artwork.

Every NFT is completely unique each token has its own unique metadata. So, an NFT is simply a token which is attached to an original artwork and is used to prove authenticity and ownership.

Unlike fungible tokens which all have the same value, such as bitcoin, NFTs (non-fungible tokens) all have a different value depending on what they represent. For example, an NFT ticket for a football game will have a different price to an NFT artwork by a world-renowned artist.

Almost anything can be tokenized and turned into an NFT, such as a tweet, a document, a ticket to an event, or a video. However, the most popular use cases for NFTs right now are art, in-game items, virtual land, music, and collectibles.

You can learn more about how to create, buy and sell NFTs here.

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