A Non-Fungible Token (NFT) is a digital collectible that is indivisible and unique. One NFT cannot be interchanged with another NFT and the whole cannot be broken down into smaller parts and used. They act as a non-duplicable digital certificate of ownership for any assigned digital asset. NFTs are useful for proving the scarcity and provenance of rare assets.
While a digital file can be copied as many times as you want, NFTs are designed to give ownership of the work. For example, anyone can buy a print of a painting, but only one person can own the original. In the case of CryptoMemories our NFTs are like owning a Ferrari - limited but serial and have unique configurations and perks