NFT (Non-Fungible Token)

A unique digital token that represents ownership of a specific asset, such as digital art, music, or collectibles.

What is it? - Dummies

It's like a digital token that shows that you have something unique, such as a drawing, a song or a video, and no one else can have that same token the same.

What is it? - PRO

An NFT is a cryptographic token that represents a unique, non-exchangeable digital or physical asset on a blockchain.

It is used to certify authenticity, property and rarity, and is based on standards such as ERC-721 or ERC-1155.

Key points

Unique and not interchangeable with an identical one.

Based on specific blockchain standards.

It can represent art, music, collectibles, domains, and so on.

Facilitates automatic buying and selling and royalties.

Sales and disadvantages

Advantages:

Certification of ownership and digital authenticity.
It allows you to directly monetize digital content.
It encourages new forms of creation and community.

Disadvantages:

High volatility and speculation.
Environmental impact on PoW blockchains.
Legal risks in copyright and intellectual property.

Related Concepts

No items found.

Related blog posts

No items found.

From Spain to the World

HEADQUARTERS

C. Marqués de Larios, 4
29005 - Malaga

LABS

C. La Gitanilla, 17
29004 - Malaga

INNOVATION LEADERS

Contact us

WE WILL HELP YOU

Request a free consultation to learn about our solutions

Your information is submitted succesfully!

We will get in touch with you through the email you provided in the form.

Oops! Something went wrong while sending the message.