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NFT Management

Definition

NFT management refers to the processes and tools used for the creation, ownership, transfer, and valuation of non-fungible tokens (NFTs). It involves the secure storage of NFTs, the tracking of their provenance, and the execution of smart contracts governing their lifecycle. Effective NFT management is crucial for artists, collectors, and platforms to ensure the integrity and accessibility of digital collectibles and assets. It encompasses both technical and strategic considerations for maximizing the utility and value of these unique digital items.