The concept of Non-Fungible Tokens (NFTs) has been around for over two decades, but it wasn’t until 2017 when the first NFTs were created and used for digital art and collectibles. While the exact origin of NFTs is up for debate, it is widely credited that a group of programmers and artists, including Matt Hall and Joel Dietz, created the first NFT project called “CryptoPunks.” This project was a collection of 10,000 unique digital characters that were each assigned a unique NFT, allowing for ownership and transfer of the digital assets on the blockchain. Since then, NFTs have continued to evolve and expand, revolutionizing the way that digital assets are bought, sold, and traded.
