As Wikipedia says; “A non-fungible token (NFT) is a unique and non-interchangeable unit of data stored on a blockchain, a form of digital ledger.” 

Think of an NFT like a certificate or authenticity and ownership. It can also represent a physical or digital object so sometimes when you buy an NFT you also get something with it, other times not. It is also its own thing and can hold value without anything physical associated with it.

NFTs are at this time mostly collectables and art but someday you could be buying your house by purchasing its NFT! It’s all new really and we are right at the start, getting in early both you and I.

Here are some links for further information elsewhere on the internet (please click these links at your own risk as I do not own those sites):

• Wikipedia
• Verge