NFT's (Non Fungible Token)
NFT stands for non fungible token. Just like crypto currency NFT's exist within the blockchain. This has opened up an amazing opportunity for collectors of art to own the original. It means that you can now prove ownership and trade digital art. Think ‘Mona Lisa’ as an example, we all know there’s only one, however there are millions of reproductions. If it was digital then this would be the same, however the NFT gives you exclusive and provable ownership of the original art.
This is why the NFT market is showing an incredible growth as collectors rush to invest in this leading edge technology.