Because of the following factors, NFTs have shown to be a beneficial investment: Creates Value for the Tokenized Asset: NFTs provide a means through which real goods such as art pieces can be tokenized, preventing duplication and granting sole ownership to the artist.

What exactly are NFTs? NFT stands for non-fungible token, which implies there’s a wholly unique and non-interchangeable unit of data kept on a digital ledger that uses blockchain technology to establish proof of ownership hidden inside those odd artworks.

NFTs can be anything digital (drawings, music, even your brain being downloaded and transformed into an AI), but the current buzz is focused on exploiting the technology to sell digital art.