An NFT is a non-fungible token. In other words, it’s a decorated way of saying a digital asset stored in the blockchain.
What are non-physical rights?
Non-physical rights constitute ownership of digitalized objects in the virtual world. They are exactly the same as regular ownership rights, just in the Metaverse.
What is the Metaverse?
The Metaverse is an immersive digital universe that evolves the way we interact with the environment and each other. This virtual world expands our real life, allowing people to travel, socialize, as well as trade goods and services, except there are no physical limitations.
What are digital assets?
A digital asset is anything that exists in a digital format and comes with the right to own and use it.