NFT (Non Fungible Token) is a special kind of cryptocurrency, it can also be considered as a unique digital asset in the blockchain network. An NFT can be almost anything, from an abstract concept to a real asset of value.

The list is extensive and includes such items as a variety of artwork, videos, memes, GIFs, in-game items, etc. You can even turn your house, land, car, and other “unexpected” things into NFTs.

The purpose of NFT is to provide evidence of provenance and a chronological history of ownership of the item. This is especially useful in the art sphere. By turning a piece of art into an NFT, the artists can digitally “sign” it and prove that they are the original owners of it. Moreover, it proves that the creation is original and distinguishes it from copies.

NFT collections are divided into 2 types: custom and generative. To create a custom collection, an artist needs to manually draw several dozens (or hundreds) of arts related to one topic or direction. Generative collections are created by generative code. In this case, the artist needs to create a few attributes (or layers), which will be combined into the unique combinations.