The world of Non-Fungible Tokens (NFTs) is still very much in a state of flux. Powered by the same blockchain technology that supports cryptocurrency, an NFT is a unique set of data stored on blockchain. Unlike dollar bills or grains of rice (which are interchangeable with one another), each NFT is different, as warranted by a digital certificate of authenticity which is traceable on blockchain and publicly available. NFTs are used to represent ownership of an original digital asset, such as a graphic art file, video clip, or music. Although an NFT does not prevent a digital asset from being copied, it does establish ownership of it, which is something that cannot be copied and therein lies the value of an NFT. It is important to note, however, that an NFT only gives the holder certain rights to the asset; the full ownership position still belongs to the artist.