An NFT (Non-Fungible Token) is commonly explained as an irreplaceable token, similar to a certificate that cannot be tampered with. When you add NFTs to your content, you can include written rules and other details, such as the seller, buyer, distribution information, and anything about the rights. The NFTs are stored in a crypto-wallet created by the owner via blockchain.
What is a crypto-wallet?
A crypto-wallet holds tokens; NFTs and crypto-assets are tokens. As long as you have a wallet, you can receive money from all over the world. However, if the blockchain is private, there is no way for tokens to come in from outside.
What is Blockchain?
Blockchain is a type of database technology that records information. Once the information is correctly recorded on the blockchain, it cannot be rewritten and will remain as public record. Through the use of blockchain, users can make transactions with various crypto-currencies, including Bitcoin, directly with each other without the need for a third party. Blockchain is said to be a means of keeping a public record of transactions.
What is Ethereum?
Etheruem is a blockchain developed by Vitalik Buterin. The crypto-currency used in this blockchain is called Ether (unit: ETH).