What is an NFT............An NFT is best thought of as a digital record assigned to a digital item and stored on the blockchain (like a “blockchain certificate”). Because NFTs are “minted” (or uniquely published) on the blockchain, anybody may access but not change the “certificate.” Thus, NFTs demonstrate digital asset ownership, provenance and authenticity. Note that the cool image or video the NFT user owns does not actually reside on the blockchain; rather, the record refers to a file that lives elsewhere on the internet (storing content on Ethereum, or most other blockchain networks, is prohibitively expensive!).