Latest Video: NFT - Digital ownership evolution

NFTs are changing the way we view digital ownership. But we’re only in the beginning of its evolution and real-world impact.

NFTs are changing the way we view digital ownership. But we’re only in the beginning of its evolution and real-world impact.

In simple words, NFTs are... digital ownership.

NFTs, or non fungible tokens, means that they are not interchangeable and each NFT entails unique assets owned by a specific person.

Fungible, or interchangeable, tokens are assets like Bitcoin, ETH, KLV or even the US dollar, where one BTC can be exchanged for one BTC. Fungible tokens can also be broken down into smaller units to form the same original value, such as cents to a dollar, or sats to a Bitcoin.


NFTs are inherently different from cryptocurrencies, and they give the owner the power and ownership of individual assets that are not fungible that you can have in a limited supply.

NFTs instill trust between parties, are easily transferable in ownership, while retaining ownership rights for the asset.

Currently, collectibles, art, music and restaurant bookings are some of the popular forms of NFT assets, but gaming, brands, entertainment, digital assets in the future metaverse, off chain assets, and even off chain governance are the likely future of NFTs.

Klever is building an exciting new NFT marketplace, which will be integrated into both the Klever app and Klever Exchange, where we will give you the power to buy, mint, store and sell the most exciting digital ownership innovations on the market.


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