What are NFTs?

NFTs (Non-Fungible Tokens) represent unique digital assets on the blockchain.

Use Cases of NFTs

NFTs are used in art, gaming, real estate, and more.

How NFTs Work

They use blockchain to prove ownership and authenticity.

NFT Standards

ERC-721 and ERC-1155 are common on Ethereum.

The NFT Boom

2021 saw NFTs explode with multimillion-dollar sales.

Popular Marketplaces

OpenSea, Rarible, and Foundation lead the space.

Benefits of NFTs

Artists gain royalties; collectors own unique items.

Criticisms

Environmental concerns and speculation are debated.

NFTs in Gaming

Games like Axie Infinity use NFTs for assets.

Future Trends

NFTs may expand into virtual worlds and identity.