💎 What is an NFT?
NFT stands for Non-Fungible Token.
Non-fungible = unique (cannot be replaced with something identical).
Token = a digital asset stored on a blockchain.
An NFT is a unique digital certificate of ownership stored on a blockchain (usually ).
🔹 Example
A digital artwork sold as an NFT means:
The file can be copied by anyone.
But only one person owns the official blockchain-verified version.
🔹 What Can Be an NFT?
Digital art
Music
Videos
Game items
Virtual land
Collectibles (e.g., )
🔹 Where Are NFTs Bought/Sold?
Popular marketplaces include:
₿ What is Crypto (Cryptocurrency)?
Cryptocurrency (Crypto) is digital money that uses cryptography and blockchain technology.
Unlike traditional money:
It is not controlled by banks or governments.
It works on decentralized networks.
🔹 Popular Cryptocurrencies
(₿) – First and most valuable crypto
(ETH) – Supports NFTs & smart contracts
(SOL)
🔹 What Can You Do With Crypto?
Send/receive money globally
Invest or trade
Buy NFTs
Use in DeFi (decentralized finance apps)
🔗 How NFTs & Crypto Are Connected
NFTs are usually:
Created using crypto (like ETH)
Bought and sold using cryptocurrency
Stored in crypto wallets
So:
Crypto = Digital Money
NFT = Digital Ownership