What are NFTs and How Do They Work? NFTs (non-fungible tokens) are one of the most talked about applications of blockchain technology today. But you may still be wondering - what exactly are NFTs and how do they work? This beginner's guide will explain what makes NFTs unique, how they are created, and their potential uses. The Basics of Non-Fungible Tokens At a basic level, most NFTs are part of the Ethereum blockchain. They are supported by ERC-721 and ERC-1155 standards. This allows NFTs to...