NFT stands for “non-fungible token.” Each NFT is a unique piece of digital data stored on a blockchain. NFTs can come in a variety of formats, but most often are images, audio, or video files. What makes them different from any other digital file is that each NFT has specific code that verifies where exactly it is on a blockchain, or who has ownership. You can think of an NFT as a one-of-a-kind trading card. If you create an NFT, you have ownership over it. People can make digital copies of it, just as prints are made of famous paintings. But only you will have the original, unless you decide to eventually sell it.