NFT

NFT (Non-Fungible Token) is a unique digital asset recorded on a blockchain that verifies ownership and authenticity of a specific item. Unlike fungible tokens (FTs), each NFT has distinct characteristics and cannot be divided into smaller units. NFTs are used to tokenize digital art, in-game items, collectibles, identity credentials, and other assets. Through smart contracts, they ensure transparent ownership, verifiable authenticity, and peer-to-peer transfer without intermediaries.