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Rachel Welch

15 October 2022 209 Read NFT

Domain NFTs Explained

If you're not familiar with Domain NFTs, it is a type of cryptocurrency that lets you own a domain. It stores domain names in a cryptographic wallet and is secured by blockchain contracts. This means that NFT domains cannot be hijacked and are completely in your control. As a result, NFTs are far more powerful than traditional domains.

NFTs are based on the Ethereum blockchain and represent unique assets on the platform. They're currently taking the digital art world by storm, with digital artists seeing huge sales to a crypto-audience. Even celebrities are getting involved to connect with their fans. An NFT can represent ownership of any unique asset.