An NFT (Non-Fungible Token) is stored on a blockchain network such as Ethereum, Binance Smart Chain or Flow blockchain. It is saved in the form of a smart contract that contains unique metadata for each specific NFT. This metadata can include information such as the name, description, and unique ID of the NFT, as well as any artwork, music, or other digital content that is associated with it. The smart contract is stored on the blockchain network, making it publicly accessible and impossible to alter or delete without consensus from the network’s participants. The NFT owner also has a digital wallet that stores the information about their NFT ownership, which allows them to transfer, sell or trade their NFTs at any time.
