What are NFTs? A Simple Guide to Digital Ownership 🖼️

NFTs, or Non-Fungible Tokens, are like a digital passport for unique items! 🛂 Unlike Bitcoin, where every coin is the same, an NFT is one-of-a-kind. It's a certificate of ownership for a digital or even a physical item, all recorded on the blockchain.

1. Fungible vs. Non-Fungible: Think of it this way: one dollar is the same as any other dollar (fungible). But the Mona Lisa is unique and can't be swapped for another painting (non-fungible). NFTs are like the Mona Lisa of the digital world.

2. What can an NFT be? Originally, it was mostly digital art and collectibles. Now, they're used for everything from in-game items and event tickets to music royalties and digital identities. 🎵

3. Proof of Ownership: When you own an NFT, you have verifiable proof that you are the official owner of that specific digital asset.

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