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The Main Features of NFTS

• In contrast to music or movies, once you purchase one of these things, it is yours to keep. This intangible asset is fully yours, even if you don't acquire a license to see the movie or listen to the music.
• This kind of asset is similar to works of art in that it can be readily copied but it allows the owner to confirm that they have exclusive and true ownership of the original work, despite the ease with which it is disseminated on the internet. Strangely, we're seeing a shift in the relative worth we assign to physical and digital art.
• Incompatible - You can't use a Cryptokitties avatar or card in another game like CryptoPunk that's identical to CryptoKitties.
• Blockchain keeps track of who has bought and sold NFTs and who is the current (full) owner, including the original creator from whom that digital asset was originally purchased, making it possible to verify something that is much more difficult to prove or certify with things like art or stamp collecting.
• Because NFTs aren't decentralized like cryptocurrencies, they're worth the same as a single token, regardless of how many portions there are.
• NFT data is saved on the blockchain through a smart contract, making it unalterable, unrecoverable, and unreplicable.

NFT Is Being Used in Commercial Settings

• Owning Exclusive Design

• Design, Develop, and Market Digital Fashion

• Reimagine the Luxury Retail Industry

Investing in and Profiting From the Sale of NFT Goods