Ownership of NFTs is distributed based on the ownership of the digital asset represented by the NFT. Each NFT is a unique digital asset that is verified and stored on a blockchain, such as Ethereum. When someone purchases an NFT, they become the owner of that specific digital asset, and their ownership is recorded on the blockchain. This means that ownership of NFTs is decentralized and distributed among individuals who hold the NFTs in their private digital wallets. The ownership of NFTs can be transferred from one individual to another through a simple transaction on the blockchain.
