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Beginner Orientation: Core Concepts and Vocabulary in the NFT Ecosystem What is a digital asset and where NFTs fit A digital asset is any piece of data that can be owned, transferred, or monetized online-think of a photo, a video, a piece of code, or a virtual land parcel. Ownership is recorded on a blockchain, which is a public, tamper‑resistant ledger. When an asset is tokenized on a blockchain, it becomes a non‑fungible token (NFT). Unlike cryptocurrencies such as Bitcoin, which are interchangeable, each NFT carries a unique identifier and can represent a singular piece of content or a specific...