NFT stands for non-fungible token. Unlike Bitcoin, where one unit is the same as another, an NFT represents something unique on-chain.
What NFTs are used for
- Digital art and collectibles
- Gaming assets
- Tickets and memberships
- On-chain identity and brand access
Why NFT markets move
NFT activity often follows broader crypto sentiment, but it is also driven by community demand, creator reputation, and utility.
CryptoArenas focuses on the major blockchain assets that often influence NFT ecosystems and trader attention.