NFTs are merely how we record who holds rights to an asset. They can certify ownership and authenticity, and they come with many features of blockchains such as interoperability, secure transfer and verification.
The NFT industry created a revolutionary property rights system that is available 24/7/365 to anyone, anywhere at a fraction of the cost of traditional systems, and conveys uniqueness to any asset including digital files.
The what being bought, sold, or transferred are the rights to an underlying asset that is linked to the NFT. The assets and the rights that can be conveyed are virtually limitless.
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