Are NFTs key to accessing the metaverse?

Abstract

Non-fungible tokens have emerged as something of a foundation for the metaverse's internal infrastructure and economy, much like many role-playing games. A non-fungible token (NFT) is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. The article discusses the way in which NFTs have enabled profiting from gaming as well as the problem of scammers and goes on to look at whether NFTs are a growing trend.