# What are NFTs? How do they work?

**NFT** (**Non-Fungible Token**) is a unique digital asset tied to real-world items like art. It's not currency but it is recorded on the same [**blockchain**](https://help.mytonwallet.io/intro/introduction-to-crypto-and-mytonwallet/what-is-the-blockchain) technology as crypto.

## :gem: What Are the Benefits of NFTs?

* **Authenticity**\
  The blockchain confirms the uniqueness of each token.
* **Transparency**\
  The entire ownership history is accessible.
* **Monetization**\
  Creators can earn by selling their artworks.
* **Scarcity**\
  Limited edition digital assets with provable rarity.
* **Interoperability**\
  Can be used across different platforms and applications.

## :woman\_singer: Where Are NFTs Used?

* **Art**\
  Digital artworks that can be collected and traded.
* **Gaming**\
  In-game characters and virtual items that can be bought, sold, and exchanged.
* **Fashion**\
  Digital clothing and accessories for avatars in virtual worlds.
* **Real Estate**\
  Virtual real estate in metaverses that can be bought and sold.
* **Music**\
  Digital music rights and collectible audio assets.
* **Sports**\
  Digital trading cards and collectibles.
* **Identity**\
  Digital identity verification and credentials.

## :blue\_heart: NFTs in MyTonWallet

Get **full control** over your **NFTs** directly in your wallet:

* **Buy and Store**\
  Import or buy **NFTs** from the **Explore** section, and they will instantly appear in your wallet.
* **Send or Sell**\
  Tap **⋮** next to the **NFT** and select the desired action.
* **Navigation**\
  Filter and view **NFTs** by collections.
* **Security**\
  Suspicious **NFTs** are automatically hidden, and fraudulent addresses are marked with a **Scam** label.
* **Management**\
  Organize and categorize your NFT collection.
* **Tracking**\
  Monitor NFT values and market trends.

{% hint style="info" %}
NFTs are unique digital assets that cannot be replicated or divided. Each NFT has its own distinct value and properties.
{% endhint %}

{% hint style="warning" %}
Always verify the authenticity of NFTs before purchasing. MyTonWallet's security features help protect you from fraudulent NFTs.
{% endhint %}

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## Related articles

* [How to send NFTs?](https://help.mytonwallet.io/intro/transfers/how-to-send-nfts)
* [How to pin an NFT collection to the main menu?](https://help.mytonwallet.io/intro/key-features/how-to-pin-an-nft-collection-to-the-main-menu)
* [Explore Tab](https://help.mytonwallet.io/intro/key-features/explore-tab)