Non-Fungible Tokens: The unique crypto codes driving collectors

An NFT is a unique token added to some digital construct and registered on a blockchain with details of ownership

Would you pay huge sums for digital artwork, or a photograph, which you can legally view for free — and also download? Would you pay to own a video clip, which is, again, legally available free? Would you pay to view a tweet, which you can download (and retweet) for free?

Some people are prepared to pay huge sums for these “free” goods. Or rather, they’re prepared to pay for the cachet of owning a special copy, with the equivalent of a tamper-proof digital watermark.

Welcome to Non-Fungible Tokens (NFT) — digital constructs authenticated using an abstract mathematical application. An NFT is