After many years of rapid growth in the blockchain industry, NFTs began to rise rapidly at the beginning of this year. As Dean Sam, a writer in Los Angeles Times, defined, non-fungible token (NFT) is a unit of data stored on the Blockchain that certifies a digital asset to be unique. NFTs can be used to represent digital files, such as photos, videos, audio, and so on. Moreover, the Blockchain will record the ownership and specific information about this asset. NFT is different from traditional physical goods, and they need new marketplaces. Many market platforms for trading NFT assets have been born on the Blockchain. With the rising price of NFT assets, more and more players have entered this field.
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