How NFTs Work


    Let's start by reviewing how NFTs, or nonfungible tokens, work.

    Typically, there are 3 important components to any NFT:

    • Smart Contract - How is the NFT stored on the blockchain?
    • Metadata - Links to multimedia assets associated with this NFT, plus any attributes/traits.
    • Multimedia Assets - The multimedia asset files (images, videos, etc) referenced by the NFT metadata.

    Let's look at each of these in more detail.

    1. Overview