NFT (Non-Fungible Token) is a special type of digital asset that utilizes blockchain technology to confirm its uniqueness and non-interchangeability. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible, each NFT has its own uniqueness and cannot be replaced by another token.

NFTs store metadata that defines their characteristics and features. These can be digital artworks, music tracks, videos, virtual lands, gaming items, and much more. Thanks to blockchain technology, each NFT has a record of ownership and transaction history, making it unique and verifying its authorship or origin.

NFTs have gained significant popularity recently as they offer new opportunities to own and trade digital assets. They enable artists, musicians, and other creative individuals to sell their works directly to buyers, and allow collectors to invest in unique digital items.