NFT stands for “Non-Fungible Token”, which can be translated as “non-exchangeable feature”. They act as digital certificates of authenticity and ownership certificates for e.g. B. Works of art. NFTs are used wherever virtual goods are traded as unique items. 

NFTs can only be purchased with a cryptocurrency. When you buy an NFT, it is recorded in a decentralized, transparent blockchain database. Everyone can see who the owner is there. After purchase, however, you do not own a physical work of art, but rather a digital unique piece with a title deed that guarantees you sole ownership. Thanks to blockchain technology, NFTs cannot be forged and digital art is becoming the collector's and investment item of our time.

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