An NFT (Non-Fungible Token) is a unique digital asset that represents ownership or proof of authenticity of a specific item, typically stored on a blockchain. Unlike cryptocurrencies, NFTs are indivisible and unique, making them perfect for digital art, collectibles, and other unique assets.
Collectible NFTs are unique digital items that can be collected, traded, and owned. They often represent digital art, trading cards, virtual goods, and other rare digital assets.
Rental NFTs are digital assets that can be temporarily transferred to another user in exchange for a rental fee. These NFTs can include virtual land, game assets, or other digital items that can be used for a specific period.
Royalty NFTs allow content creators to sell a share of their content revenues as NFTs. Buyers of royalty NFTs earn a percentage of the revenue generated by the content, such as music, videos, or other digital media for a specific period of time as detailed out in the terms of the NFT