# What are NFTs

A NFT is a **Non-Fungible Token.**

It is a **unique**, **non-interchangeable** digital asset or a digital ownership if you will.

While exchanging fungible tokens, such as $ETH or $AVAX, will allow you to exchange one similar token to another, NFTs provide notion of **traceability**.

The difference between fungible and non-fungible tokens is that even though you can exchange 1 NFT for another 1 NFT, they will keep their **specific** **parameters** and **be traceable.**

Identifications such as the **author's name**, **creation date**, **description** or any other attribute guarantee **high traceability**.

The creator can also earn **royalties** from his NFT.

It allows artists to sell their works through a **secure system** and users to buy **certified artworks**.

**Digital art** or **collectibles** are common examples.

NFTs can be used to represent objects such as **photos**, **videos**, **music** and other types of **digital files** such as **tickets**.

They allow you to access the **original file**.