WHAT IS NFT TOKEN DEVELOPMENT NFTs are tokens that we will use to represent ownership of unique items.
The internet of assetsNFTs and Ethereum solve a number of the issues that exist within the internet today.
As everything becomes more Digita there is a got to replicate the properties of physical items like scarcity, uniqueness, and proof of ownership.
for instance, you cannot re-sell an iTunes mp3 you've purchased, otherwise, you can't exchange one company's loyalty points for an additional platform's credit albeit there is a marketplace for it.
you are not locked into any platform and you do not need anyone to intermediate.ScarcityThe creator of an NFT gets to decide on the scarcity of their asset.For example, consider a ticket to a sporting event.
In these cases, each NFT would still have a singular identifier (like a Universal Product Code on a standard "ticket"), with just one owner.