What Is an NFT | Scope of Competence

An NFT, or non-fungible token, is a unique digital identifier recorded on a blockchain that certifies ownership and authenticity of a digital item, such as artwork, music, or video, and can be bought, sold, and traded like a physical collectible. NFTs can be used for a variety of digital items, such as music, video, and even virtual real estate. Platforms like [[opensea|OpenSea]] and [[rarible|Rarible]] have emerged as major marketplaces for buying and selling NFTs, with artists and companies creating unique digital experiences for their customers.