NFTs stand for "**NON-FUNGIBLE TOKENS.**" 

NFTs are digital assets that represents ownership of a unique, one-of-a-kind item. These items can be digital art, music, videos, or other types of digital assets.

Unlike other digital assets, NFTs are not interchangeable - each one is unique and has its own digital identity.

NFTs are stored on the blockchain, and they can be bought and sold on specialized NFT marketplaces.