NFTs and common classifications
12-02-2024
NFTs are non-fungible tokens – distinct digital assets that represent ownership or confirm the authenticity of a one-of-a-kind item or virtual good. Unlike fungible cryptocurrencies, each NFT token is unique. It is created thanks to blockchain technology, mainly on the Ethereum network. They can be bought, sold, or traded in a variety of markets. Digital collectibles are currently enjoying a lot of popularity, which is constantly growing. To stay up to date with these issues, it's a good idea to follow a good news portal like Art Lounge Plus. NFTs are classified according to different criteria, so it's good to know the most typical ones.