What Is a Non-Fungible Token?
A non-fungible token “NFT” is a unit of data stored on a blockchain, when minted on the Pecu Novus Network it certifies that a digital asset is one-of-a-kind and the ownership of that digital asset, each token represents one digital asset and it is not interchangeable for another token.
Although via other platforms there is access to an exact copy of the original file, on the Pecu Novus Network only a copy would accessible by the general public showing a reduce resolution one and the party that would be able to release the original copy would be the current owner of the NFT. The data included within the NFT are tracked on the backbone of the Pecu Novus Network and provides the owner with proof of ownership of that digital asset. Depending on the type of digital asset that the NFT is representing certain partnership opportunities may arise from actual creator of the digital asset with each new owner for monetization of the digital asset.