Non-fungible tokens (NFT) are best understood as unique digital assets. They exist in a variety of industries from digital art and virtual real estate to collectibles, gaming and more. Basically, any type of media can be minted or tokenized and turned into an NFT: art, trading cards, memes, gifs, video clips, audio clips, tweets, this article—anything. Once tokenized, these assets can be bought, sold and traded using cryptocurrency.