What is NFT and How Does NFT Work? Everything You Need to Know
It is much easier to divide a digital real estate asset among multiple owners than a physical one. That tokenization ethic need not be constrained to real estate; it can extend to other assets, such as artwork. Its digital equivalent can have multiple owners, each responsible for a fraction of the painting. The conversion of a physical asset into a digital one streamlines processes and removes intermediaries. NFTs representing digital or physical artwork on a blockchain remove the need for agents and allow artists to connect directly with their audiences. NFTs or non-fungible tokens are digital assets based on blockchain technology. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. Digital Asset - NFT is a digital asset that represents Internet collectibles like art, music, and games with an authentic certificate created by blockchain technology that underlies Cryptocurrency. NFTs are tokens that we can use to represent ownership of unique items. The t