Metaverse and NFT

Abstract

The rise of non-fungible tokens (NFTs) and the emergence of the Metaverse is a significant paradigm shift in the digital landscape. NFTs are unique digital assets verified by blockchain technology that have revolutionized ownership and provenance in the digital realm. Concurrently, the Metaverse, a collective virtual shared space, is evolving into a multifaceted environment where NFTs play a pivotal role in shaping economies, identities, and interactions. This chapter covers NFTs the transforming digital ownership, art in the digital age, Metaverse, economy and commerce, social structures in the Metaverse.