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What are NFTs and how do I get them?
What are NFTs and how do I get them?
JLee avatar
Written by JLee
Updated over a week ago

NFTs are non-fungible tokens that are registered on the blockchain. NFTs can be artworks, music files, videos, game items, and other types of digital items. You can obtain NFTs on such marketplaces as Skyweaver Marketplace, OpenSea, Rarible, and SuperRare. You can also obtain them through the Skyweaver Premium Skypass.

What Are NFTs?

NFTs (non-fungible tokens) are digital assets and items secured by blockchain technology. They are unique in the sense that they are not interchangeable. They represent the ownership and scarcity of digital goods such as artwork, collectibles, music, and many more.

NFTs can also refer to semi-fungible tokens, such as Skyweaver cards. For example, 2 “Pandora” cards are the same and fungible with one another, but still colloquially referred to as NFTs since they represent digital goods secured on the blockchain.

NFTs are stored on public blockchain ledgers and can be verified and transferred quickly and securely with minimum transaction fees. The asset holder can use the token’s dynamic hash, verifying its authenticity on the blockchain.

NFTs offer an easier and more secure ownership store of digital assets, allowing for easier transfer of ownership and interoperability between different platforms and services.

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