NFT Market

Definition ∞ The NFT market refers to the ecosystem where Non-Fungible Tokens are created, traded, and managed. This includes marketplaces, auction houses, and platforms for digital art, collectibles, and other unique digital assets. It represents a distinct segment of the broader digital asset economy.
Context ∞ News within the NFT market often focuses on high-value sales, the emergence of new digital art collections, or shifts in platform usage and trading volumes. Debates frequently arise regarding asset valuation, intellectual property rights, and the long-term utility of NFTs.