# WHAT ARE NFTS?

**Published by:** [web3gold](https://paragraph.com/@web3gold/)
**Published on:** 2024-01-18
**URL:** https://paragraph.com/@web3gold/what-are-nfts

## Content

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.

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