How It Works
What is an NFT?
NFTs prove ownership of a unique digital asset like art, music, collectibles, videos or anything else with blockchain technology.
NFT stands for non-fungible token. That sounds like an intimidating technical term (no more nerd talk, promise!). But NFTs are just digital certificates of authenticity.
If you buy a physical painting, you know it's real because you see the artist's signature on the canvas. Somebody can photocopy the painting, but they don't own it — you do. Before NFTs, digital assets were like photocopies:
You can see who posted something, but you can't see who owns an Instagram post, Pinterest Pin or Reddit meme.
NFTs are like a signature for digital items: They authenticate ownership of digital assets like art, collectibles, music, videos, in-game assets, and more. Just like physical certificates, they document:
All of this is public via a blockchain, so anyone can trace each of your NFTs from the original creator all the way to your wallet—and verify its authenticity (even the friends who call you crazy for buying a profile picture 😉).
But owning digital assets is more than “nice to have”, a fun hobby or a digital stamp collection:
Some NFTs unlock digital (or physical) experiences, grant access to exclusive communities, let you contribute to projects, grant premium access to software products… We could keep listing awesome features, but that list would be endless and our writer needs to get this done before tomorrow's meeting. Tbh, this technology is so new, we probably haven't even seen 4.20% of the use cases.
What is a blockchain?
A blockchain is a network of computers that track transactions in their network and generate a giant ledger of who owns what (and how much of it). That's a lot of beep boop action!
So if you ignore your friends' well-meaning advice and spend six figures on a CryptoPunk, computers around the world confirm you as the NFTs new owner—and ensure it stays in your wallet.
Blockchains that host NFTs include: Flow, Tezos, Polygon, Ethereum, Solana and many more
Is connecting my wallet to AirB NFT Chain secure?
Just like your physical wallet, your crypto wallet is secure
When you connect your wallet to AirB NFT Chain, you only give us permission to “view the addresses of your permitted accounts”, meaning we can't take anything out of your wallet.
Crypto wallets are almost impossible to hack. Most of the “hacks” you hear about are actually mistakes