NFTNFT stands for Non-Fungible Token. It’s a unique digital asset stored on a blockchain that represents ownership or proof of authenticity for items like artwork or collectibles. stands for Non-Fungible Token. It’s a unique digital asset stored on a blockchainBlockchain is a decentralized and distributed digital ledger that records and verifies transactions across multiple computers or nodes. It allows for secure, transparent, and immutable storage of data, enabling trust and eliminating the need for intermediaries in various applications such as cryptocurrencies, supply chain management, and smart contracts. that represents ownership or proof of authenticity for items like artwork or collectibles.