An NFT is a one-of-a-kind, non-fungible, cryptographic token representing a unique digital asset for which there is no copy or substitute. An NFT cannot be substituted for another NFT as each NFT is distinctive and unique in some way. An NFT is not a medium of exchange and is not convertible virtual currency. A CryptoKitty, or an NBA Top Shot Moment, is an NFT.
On the flip side, something like a YouTube clip is something anyone can pull up and watch the same clip - you will be just one of thousands of 'views' - NFTs have created a vehicle for true ownership.
Pretty neat, right? We know this is a whole new world of commerce and we are here to join you on the journey!
As always, please don't hesitate to reach out to our team if there's anything else we can help with.