An NFT – non-fungible token – is a digital asset that represents a real-world object, stored on a digital ledger.
The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.
NFTs typically contain references to digital files such as photos, videos, and audio.
Because NFTs are uniquely identifiable, they differ from cryptocurrencies, which are fungible.
Cardano is one of the biggest cryptocurrencies by market cap.
It’s designed to be a next-gen evolution of the Ethereum idea — with a blockchain that’s a flexible, sustainable, and scalable platform.
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.
It is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods
The InterPlanetary File System (IPFS) and is a peer-to-peer protocol designed for storing and sharing data in a distributed file system.
Currently, IPFS is the main protocol used to store digital media that many NFTs represent.
When you mint NFTs with Wytchspace, we will add your digital assets to IPFS.