tldr; Non-Fungible tokens (NFTs) are digital assets whose ownership is recorded on a blockchain. NFTs are used to represent virtually any type of real or intangible item, e.g. artwork, virtual items, virtual currency, and avatars, music, collectibles, tokenized real-world assets, and video footage of iconic sporting moments. Binance Smart Chain, Axie Infinity, and OpenSea are the three largest NFT marketplaces.
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