Since their introduction around 2010, NFTs have been steadily gaining credibility and popularity as valuable assets in the digital world. In March 2021, they grabbed the world's attention when the digital painting "Everydays: The First 5000 Days" was sold for $69 million at Christie’s — as an NFT.

Though NFTs are still relatively new, they offer exciting possibilities for individuals and business organizations. The following information will discuss what an NFT is, how they create value, and how businesses can leverage them for increased growth.