How are you all? Today I will discuss with you ! How do NFTs work?I am young and have very little experience so please excuse any mistakes.


[Source](https://pixabay.com/illustrations/nft-non-fungible-token-typography-7023209/)
We've already identified that in order to be able to prove ownership of something digital, there needs to be some form of a transparent, immutable ledger that maintains a constant record of all NFTs, who owns them, and the files they're stored in.
This is blockchain technology comes in.  By taking advantage of the publicly distributed, immutable nature of the blockchain, all NFTs can be stored in a transparent way, allowing anyone to verify the authenticity of any NFT at any time.
Every time an NFT is transferred or created, the action is permanently recorded and timestamped on the blockchain, meaning that any single NFT can be traced back to its origin – something that's handy if you want to secure your cartoon app or virtual kitty.  Real or not?
Now, let's take a step back and discuss what NFTs are from a technical perspective.
Crypto assets can be created from scratch, but most developers will typically use an existing blueprint to streamline the process and save costs when they set out to launch tokens.  Leading crypto projects like Ethereum recognized early on that establishing interoperability required some standardization among newly created crypto tokens.

[Source](https://pixabay.com/vectors/nft-non-fungible-token-typography-6888382/)
The Ethereum Token Standards were created to achieve exactly this.  This involves specific sets of smart contract functions that a token must be able to make compatible with all other tokens, platforms and services in the larger Ethereum ecosystem.
Ethereum Tokens: Standards ERC-721 and ERC-1155 are the main blueprints created by Ethereum that allow developers to create and deploy their own non-fungible tokens on top of the blockchain.
Tron, Neo and Eos are examples of other leading blockchains that have also released their own NFT token standards to encourage developers to create and host NFTs on their blockchain networks.
Finally, it's important to remember that it's not just the fungibility of NFTs - although they lack - that sets them apart from other forms of cryptocurrency.  The infrastructure that supports NFT is also different.
Unlike all other cryptocurrencies, NFTs cannot be listed, bought or sold on centralized or decentralized exchanges.  Instead, users must use tailor-made NFT marketplaces to list and trade these assets.  OpenSea and Rarible are the most popular, but there are numerous other options available depending on which NFT collection you are interested in.
Today's discussion ends here.  I hope you find it interesting and able to understand.  Share your thoughts on today's topic.  Wishes and blessings to all.