Collectibles

A digital collectible is a unique or limited-edition copy of a virtual item. Typically there's a visual element such as digital art, a video clip, or a digital trading card. Theoretically, it could be anything represented by 1s and 0s such as digital music recordings.

Digital collectibles use blockchain technology to create non-fungible tokens that allow for distribution and transfers in ownership. In other words, digital collectibles cannot be copied like regular data on a computer, but one owner can easily transfer ownership to another person. As a result, collectors can ensure their digital art remains rare and set the terms for conveying ownership or use.