NFT (Non-Fungible Token)

An NFT is also known as a Non-Fungible token, or a Non-Fungible item. It is a digital asset that is used to represent something unique and one-of-a-kind. This helps to prevent counterfeiting and make sure that the digital asset can be uniquely identified and traced. By being an asset that lives on the blockchain, it's universally composable and transportable across the internet. For example, you can can buy an NFT on a marketplace and resell it on a different marketplace.