8.3 Coins, Tokens, NFTs: Non-Fungible Tokens (Part 3 of 3)

NFTs address the need for scarcity, uniqueness and proof of ownership in an increasingly digital market where most digital items can be replicated or sold infinitely. By contrast, NFTs tokenise digital or real world assets and this token can only be owned by one person at a time.

9. Initial Coin Offerings

ICO is a popular fundraising model among companies, primarily start-ups, that are developing their offering of products and services, usually related to the blockchain space.