What is an NFT?

NFT stands for non-fungible token. In simpler terms, NFTs turn digital content into one-of-a-kind, verifiable assets. They prove ownership of a digital item. For example, let’s say you own an original Picasso painting. There may be millions of copies of this painting in the world, but you are the only person who owns the original. That’s the idea behind an NFT - it gives your digital content a unique identifier that can’t be copied so only one person can prove ownership of the original