Tokenization in PFP NFT, or profile picture non-fungible tokens, refers to the process of converting digital artwork or images into unique tokens that can be bought, sold, and owned on a blockchain network. It allows individuals to claim ownership and authenticity over their digital profiles or avatars. Tokenization ensures that each PFP NFT carries a distinct value and can be traded as a collectible or an investment. This emerging trend has gained popularity in the crypto space, with artists and creators monetizing their digital art through tokenized profile pictures, enabling a new form of digital ownership and expression.
This mind map was published on 13 August 2023 and has been viewed 85 times.