One of the most common NFT (non-fungible token) questions is: “What is an NFT?”
An NFT is a unique digital asset that is stored on a blockchain, which is a distributed ledger technology that allows for secure and transparent transactions. NFTs are often used to represent artwork, music, videos, and other digital content. They are unique because each NFT is one-of-a-kind and cannot be replicated or exchanged for another asset on a one-to-one basis like traditional cryptocurrencies such as Bitcoin or Ethereum. NFTs are often sold and purchased using cryptocurrency and can be traded on various NFT marketplaces