Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. Ownership of an asset is secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

They let us tokenize things like art, collectibles, even real estate. NFTs are tokens that we can use to represent ownership of unique items.

And one day owning your car might be proved with an NFT. It's only a matter of time before Nike puts a run of Jordans on Ethereum. If Andy Warhol had been born in the late 90s, he probably would have minted Campbell's Soup as an NFT. Really they can be used to represent ownership of any unique asset, like a deed for an item in the digital or physical realm. But digital art is only one way to use NFTs. And celebrities are joining in as they spot a new opportunity to connect with fans. Digital artists are seeing their lives change thanks to huge sales to a new crypto-audience. NFTs are currently taking the digital art and collectibles world by storm.

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