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NFTs are unique digital assets that gained popularity in 2021. They offer proof of ownership for digital assets, revolutionizing the concept of ownership in the digital world. NFTs have diverse applications across various industries like art, gaming, real estate, and more. They utilize blockchain technology to ensure security and transparency in transactions. While they pose challenges like market volatility and environmental concerns, they also offer opportunities for democratizing asset access and redefining ownership paradigms. NFTs extend beyond digital art to include assets like music and real estate. They provide artists a new way to monetize their work and offer collectors unique digital works. As we explore more about NFTs, it's clear that they could significantly change how we think about owning things online.