Nonfungible tokens — also known as NFTs — have regained much traction after they first caught mainstream attention with the rise of CryptoKitties in 2017.

They are digital assets that represent the ownership of something unique & scarce. Non-Fungibility means they are not interchangeable with others, simply because each NFT is unique and stores identifying data.

Watch this video to learn more about everything you need to know about NFTs.

Trade on our spot, derivatives, and DeFi markets at OKEx now:

READ  The FTX Podcast #34 - John Kelleher of DXD on Building a True Decentralized Autonomous Organization