NFTs' Future Beyond Investment: The 7 Types of NFTs Available Today

Non-fungible tokens (NFTs) are digital assets that represent different objects like collectibles, art, and various in-game items. NFTs essentially transform various digital works of art and collectibles into verifiable and one-of-a-kind assets that can easily be traded on the blockchain. The first-ever NFT was Terra Nullius, which allowed users to engrave a message, but lacked a transfer function. It is the first NFT on the Ethereum network with transfer function and allows users to own ‘tiles’ on a map.