Each NFT is one of a kind, unlike regular tokens where every unit is the same. The image is usually stored elsewhere; the NFT records who owns it. The 2021 NFT art boom faded, but NFTs are still used for gaming, tickets and DeFi positions.
Tokens & tokenomics
NFT (non-fungible token)
Also called: NFT · non-fungible token
In shortA unique token that proves ownership of a specific item, such as digital art, a game item or a ticket.