A crypto collector who bought $532 million Cryptopunk NFT
NFT stands for non-fungible token
NFTs are blockchain based tokens that can be used to represent ownership of unique items.
No one can modify the record of ownership or copy/paste a new NFT into existence.
Using NFTs we can tokenise things like art, collectibles, even real estate.
Digital Arts like GIFs, Collectibles, Music, Videos Real World Items like Deeds to a car, Tickets to a real world event, Tokenized invoices, Legal documents, Signatures