NFTs (non-fungible tokens) are, at the most fundamental level, records of ownership stored on a blockchain which is both transparent and immutable. Each NFT is unique, meaning it cannot simply be replaced with something else. 

While we typically associate NFTs with art, the practical use cases are ever expanding, and we can expect to see them become an integral part of the way we do business be it in real estate, supply chain control or ticketing. The market has ex...