What are art NFTS?

Art NFTs are a new form of digital art that can be collected and sold, similar to physical artwork. Art NFTs can also have additional utility (for example, owning the NFT may also give you commercial rights to use the underlying artwork). Artists are creating incredible and novel pieces with NFTs.

What is a gaming NFT?

A gaming NFTis an NFT associated with any digital item from the realm of online gaming and the metaverse: in-game items, characters, skins, customizations, maps, modes, tickets, collectibles–any digital creation that one would use in a gaming environment. It is a unique, blockchain-based item representing a specific item or element within a game.

What is the difference between NFT slang and NFT terms?

Now, there's a subtle difference between NFT slang and NFT terms, one is about causal language used online and the other covers the actual terminology of technology and processes. Read on to find if you're a diamond hands collector or a proud degen. 1:1 Art: This refers to an NFT being one single piece of art, not a series or generative collection.

What are NFT tokens & how do they work?

They are digital representations of assets and have been likened to digital passports because each token contains a unique, non-transferable identity to distinguish it from other tokens. They are also extensible, meaning you can combine one NFT with another to create a third, unique NFT.