Common Categories of NFTs
The foremost classification of NFT types refers to the general categories. The three common types of NFTs include,
- Original or copy of work, documented on a blockchain network or DLT
- Digitally native NFTs, which have ownership rights to the work constituting the NFTs
- NFT metadata, which involves the NFT providing representation of ownership for metadata files related to the internet
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What about piracy?
You can copy a digital file as many times as you want, including the art that’s included with an NFT.
But NFTs are designed to give you something that can’t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like...
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