• NFT in the dictionary meaning is an abbreviation for Non-Fungible Token and means a non-fungible token. Because each token is unique, each token is non-fungible as an individual entity and each leaves a different transaction history.
• NFT traded on Upbit NFT is a type of rare digital asset that combines these characteristics with digital content and is issued in limited quantities after being certified as genuine by the original copyright holder.
• By recording the path to access the original digital content and various issuance information on the token itself, and recording the history of changes in rights holders on the blockchain, 1) the authenticity of the digital content in question and 2) the history of changes in holders can be confirmed.