What Are NFTs? A Simple Guide to Non-Fungible Tokens in 2025
Introduction The world of digital ownership has changed dramatically over the past few years, and at the center of this transformation are NFTs (Non-Fungible Tokens) . From digital art and collectibles to gaming assets and event tickets, NFTs are redefining how people buy, sell, and verify ownership online. But what exactly are NFTs, how do they work, and why are they still relevant in 2025? This beginner-friendly guide explains everything you need to know about NFTs — their technology, use cases, benefits, and risks — in simple terms. What Are NFTs? NFT stands for Non-Fungible Token . In basic terms, “non-fungible” means unique — it can’t be replaced or exchanged on a one-to-one basis like regular money or cryptocurrencies. For example: Bitcoin is fungible — one BTC is equal to another BTC. NFTs are non-fungible — each token represents a distinct item or piece of data that cannot be duplicated. NFTs are built on blockchain technology , usually on networks ...