Non-fungible tokens, or NFTs, have taken the world by storm in recent years, emerging as a new paradigm for the hyper-digitalised generation.
Digitally represented works of art, songs, books and even tweets have been turned into NFTs, some worth millions of dollars, revolutionising the creative industry. These tokens are also a fundamental part of the metaverse, as they provide indisputable proof of ownership of properties and other transactions in the virtual world where blockchain technology reigns.
The use of NFTs, however, is moving into the physical realm. It is slowly expanding to represent ownership of tangible items in the real world, validating matters as complex as real estate transactions.