Non-fungible tokens (NFTs) have swept the digital world, enthralling everyone from musicians to artists, athletes to influencers, and even politicians. But, what are NFTs and how do they work? In this article, we’ll go over the fundamentals of NFTs to help you better understand this emerging technology. What exactly are NFTs? An NFT is a one-of-a-kind digital asset stored on a blockchain, which is a digital ledger that tracks transactions. Unlike fungible and interchangeable cryptocurrencies such as Bitcoin or Ethereum, each NFT is unique and cannot be replicated or replaced. Digital art, music, videos, and other digital files are examples