NFT stands for Non-Fungible Token. It’s a type of digital asset that represents ownership or proof of authenticity of a unique item, such as art, music, video, in-game items, collectibles, or even real-world assets, all secured by blockchain technology.
Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible (meaning one Bitcoin is equal in value to another), NFTs are non-fungible. Each one has a unique value and cannot be exchanged on a one-to-one basis. Think of it like a curated collection of original paintings, each piece is different in style, subject, and detail. While they may be part of the same exhibition or from the same artist, some artworks hold more value than others due to their rarity, composition, or emotional impact. NFTs work the same way: each token is unique, and its value depends on its individual characteristics and provenance.
What can NFTs represent?
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Digital art
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Collectibles (e.g., trading cards)
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Music and video files
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Virtual real estate
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In-game items
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Tickets and memberships
How do NFTs work?
NFTs are created (“minted”) using smart contracts on blockchains like Ethereum, Polygon, or Solana. These smart contracts assign a unique identifier to each token and store metadata — such as the creator, the owner, and the file it links to.
Once minted, the NFT lives on the blockchain, which acts as a public ledger. This makes it easy to verify the token’s originality and ownership history — no middleman needed
Why do NFTs matter?
NFTs introduce digital ownership in a way that was never possible before. Artists can monetize directly, collectors can prove authenticity and ownership, and new forms of creative expression like digital galleries, limited edition art drops, and verifiable provenance.
In essence, NFTs are transforming digital art into owned, displayable experiences, allowing collectors to bring their pieces into the physical world with frames like AELIG, where authenticity meets elegance.
AELIG digital frames are designed to let you enjoy your NFT art pieces the way they are meant to be: authentically, beautifully, and effortlessly. With a cable-free & ultra low energy consumption display, a wallet-connected app, and most advanced e-paper technology, AELIG turns your digital art into a timeless, real life like visual experience