Non-Fungible Token (NFT) is an emerging technology that enables digital content to be packaged into unique cryptographic tokens. It helps creators gain full ownership of their digital content and allows them to provide scarcity, portability, and permissioned access.
NFTs offer significant benefits over traditional methods of using digital content such as streaming audio and video. With NFTs they can control who has access to the content, when it is available, how it is stored and transferred, and they can possibly monetize the content with an in-built payment system.
In addition to these purposes, NFTs also allow creative people to create unique physical objects which contain a representation of the same digital asset or artwork. This means that the token associated with each piece becomes part of a larger physical collection that has both tangible and intangible value
What exactly is NFT?
