# What is a NFT? By [AfroPoet](https://paragraph.com/@afropoet) ยท 2022-02-24 --- NFTs stand for non-fungible tokens. Without getting too technical, think of them as a key ๐Ÿ”‘ that represents ownership of a digital asset. Each NFT is unique, authentic, and differentiated by a special token encoded on the **blockchain**, aka strings of code. The blockchain tracks NFT ownership as it changes hands. Assets can range from **media and intellectual property** (like art, games, music, books, films), **infrastructure** (like land, real estate, cities), **identity** (like ID cards and passports), and more. Imagine all of this being traceable online across strings of code. This **decentralization**, aka the spread of information, ownership, assets, and experiences without concentrated power, is the future of the internet โ€” aka **Web** **3.0** --- *Originally published on [AfroPoet](https://paragraph.com/@afropoet/what-is-a-nft)*