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 technology as crypto.

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.

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.

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.

NFTs are unique digital assets that cannot be replicated or divided. Each NFT has its own distinct value and properties.

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