What Are NFTs and Why Can They Sell for Millions? The concept of NFTs has become one of the most talked-about topics in the digital economy in recent years. NFT, or “Non-Fungible Token,” is a technology that represents unique digital assets recorded on the blockchain. Cryptocurrencies such as Bitcoin or Ethereum are interchangeable assets. However, NFTs are completely unique and each one represents a different digital item. This item can be a piece of digital art, a music tra