@gohshufeng2
Non-Fungible Tokens (NFTs) authenticate unique digital/physical assets on blockchain. While digital art (e.g., CryptoPunks) popularized NFTs, use cases expand: music royalties, real estate deeds, academic credentials, and in-game items. NFTs enable verifiable ownership, provenance tracking, and creator royalties (programmed into smart contracts). Brands like Nike use NFTs for sneaker authenticity; DAOs purchase NFTs collectively. Criticisms include scams and environmental concerns (mitigated by eco-friendly blockchains).
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