What Is NFT?

In essence NFT art is a digitalized piece of artwork that has been tokenized onto a blockchain. These digital files exist in the digital universe where investors and art collectors can buy and sell them.

What is a 'phygital' or physical and digital NFT?

These are NFTs that come with a physical item in the real world. The physical item can be redeemed by the owner of the NFT which would then be delivered in the real world.

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