RE: Steemit Crypto Academy Contest / S2W4 - What are NFTs. by @ishayachris
Non-fungible tokens provide a public certificate of authenticity or proof of ownership
Yes since ownership is recorded on the blockchain and when ever ownership is transferred it can be seen on the blockchain by everyone.
The ownership of an NFT has no inherent legal meaning, and does not necessarily grant intellectual property, copyright, or any other legal rights over its associated digital file
Yes this is true because currently NFTs are not regulated by the government hence they will hesitate when a user wants to prof ownership over a real property with its digitised asset ok the blockchain.
Non-fungible tokens cannot be interchanged
Yes, you are right and this is because each NFT is unique in the blockchain unlike cryptocurrency assets who are interchangeable cos they are not unique.
NBA Top Shot Marketplace
This is actually the first NFT market place that I signed to. Their NFTs are soo cool.
NFT can be stolen. But it can only be stolen by clicking on a bad link
Yes that is true. This only happens when your metamask wallet or any other wallet has been compromised.