# NFTs

**Published by:** [Rajeev Mahato](https://paragraph.com/@rajeev-mahato/)
**Published on:** 2023-03-21
**URL:** https://paragraph.com/@rajeev-mahato/nfts

## Content

NFTs (non-fungible tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can represent digital or real-world items like artwork and real estate. "Tokenizing" these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud. NFTs can represent individuals' identities, property rights, and more. Collectors and investors initially sought NFTs after the public became more aware of them, but their popularity has since waned.

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