NFTs: A Booming Market
An NFT, or a Non Fungible Token, is a digital asset (a .jpg file, a video, a digital object, a right to participate in governance, etc.) that can be owned in a tamper-proof way thanks to the blockchain. An NFT can be bought, resold, transferred, gifted and collected. The most commonly used cryptocurrency for NFTs is Ethereum.
The main areas in which NFTs are flourishing are art, collectibles, video games, metaverses, and utilities. That said, the market is evolving very quickly, with new segments and new uses emerging every week!