NFT

Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with

unique identification codes and metadata that distinguish them from each
other.

 NFTs (non-fungible tokens) are unique cryptographic tokens that exist

on a blockchain and cannot be replicated.
 NFTs can represent real-world items like artwork and real estate.
 "Tokenizing" these real-world tangible assets makes buying, selling,
and trading them more efficient while reducing the probability of fraud.
 NFTs can also function to represent individuals' identities, property
rights, and more.
 Collectors have sought NFTs as their value initially soared, but has
since moderated.
Chractristics of nft:
The sole creator, The unalterable, identifier Its content, The current owner

Fungible tokens or assets are divisible and nonunique.

Explaining Fungible: Non-fungible tokens are unique and can not be divided into further valuable
parts It is same if I get this gold bar or that gold bar because both have same value. It is same if I get paid
with this bitcoin or that bitcoin because both have same value. Fungible things are interchangeable.
They depend on only one parameter. For example;

Physical world: Gold bar Virtual world: Bitcoin

Examples of Non-fungible tokens: Physical world: Painting,House Virtual world: NFT

NFTs ' have association with following fields:

Digital Art: Profile Picture, Projects, Celebrities, Games, Metaverse, Crypto culture, Memes, Supports
Fashion, Airdrop

Parameters of nft
Thumbnail: image,GIF,video,3D model

Name: text Description: Text URL: Website Hidden content: only owners of the NFTs can see Traits:
types and values for various properties, statistics etc. Blockchain: Ethereum, polygon , others Listing:
start price, end price, duration, public/private , currency Favorite count and number of views

Famous nft projects

CryptoPunks: CryptoPunks is a collection of digital art collectibles. Here, every punk is a unique character
Axie Infinity: Axie Infinity is a type of game where players collect Axies and use these to battle, breed,
raise other Axies. Decentraland: Decentraland is a virtual world where certain items within the world are
NFTS. It uses the Ethereum blockchain. OpenSea: OpenSea is an NFT marketplace that allows users to
buy, sell, create, trade, and own NFTs. NBA TopShot: NBA TopShot is a type of collectible NFTs where
the platform tokenizes NBA highlights.