Non Fungible tokens (NFTs) have taken the world by storm in the past year. A recent poll shows 75 percent of French people see them as “purely fun products” designed for entertainment. However, a quarter of the population, particularly 18-34-year-olds, see the virtual technology as a long-term investment. So what are they and how do they work?
Because everything found on the internet can be copied infinitely, the NFT provides a proof of unique ownership thanks to a code created using blockchain technology which stores the information in such a way that it cannot be copied or modified.
