What are Non Fungible Tokens or NFTs ?

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What are Non Fungible Tokens or NFTs ?

NFTs are collectible digital assets holding values in the form of cryptocurrencies as well as in the form of art. Though perplexing at first, NFTs have gained quite a bit of fandom in just a short span of time and have captivated the minds of even the most sophisticated investors. These digitized tokens can have only one official owner at a time and are secured via an underlying blockchain technology. NFTs can be easily accessed through various online platforms like include Rarible, NFT ShowRoom, OpenSea, SuperRare and Nifty Gateway. They are often released in small batches to test their popularity among the crowd. Few investors are still unsure about whether the NFT trend is worth investing in or not. Their underlying argument being the fact that NFTs hold no level of exclusivity. Anyone, anywhere on the internet can view the artwork, despite how meticulously it has been created.


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