Demystifying NFTs: Exploring Non-Fungible Tokens

The video tutorial explores NFTs, a unique form of digital asset based on blockchain technology. It explains the concept of non-fungibility, highlighting how NFTs differ from cryptocurrencies like Bitcoin. The tutorial discusses early NFT projects such as Crypto Punks and Crypto Kitties, which popularized NFT trading. It also examines how NFTs can benefit artists by providing a way to authenticate and monetize their work through blockchain technology. Additionally, the video covers the role of smart contracts in ensuring artists earn from secondary sales of their NFTs.

Describe how blockchain technology ensures the uniqueness of NFTs.

What role do smart contracts play in the NFT ecosystem?