This document discusses non-fungible tokens (NFTs). It defines NFTs as unique units of data stored on a blockchain that can be sold and traded. The document outlines the key characteristics of NFTs, how they differ from cryptocurrencies, and how they work by using the blockchain to track ownership and transactions. It also discusses current and potential future uses of NFTs, including for digital assets like art, the gaming industry, digital identity verification, and more. The future of NFTs is seen as decentralizing commerce and increasing transparency by allowing peer-to-peer trade without intermediaries.