How does NFT works?

 NFTs have been used to exchange digital tokens that link to a digital file asset. Ownership of an NFT is sometimes covered by a license to use the linked digital asset but does not generally confer the copyright to the purchaser. 

There are some agreements that only let you use a digital asset for personal, non-commercial use, some contracts allow you to use it for commercial purposes. At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from, say, an ETH coin. It is worth noting that other blockchains can implement their versions of NFTs. NFTs can be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art. So this clears the question in mind “what is worth picking up in the NFT market?”

At OpenSea, we’re excited about a brand new type of digital good called a non-fungible token or NFT. NFTs have exciting new properties: they’re unique, provably scarce, tradeable, and usable across multiple applications. Just like physical goods, you can do whatever you want with them! You could throw them in the trash, gift them to a friend across the world, or go sell them on an open marketplace. NFTs are armed with all the programmability of digital goods, which are different from physical goods. We’re the building tools that allow consumers to trade their items, creators to launch new digital works, and developers to build rich, integrated marketplaces for their digital items.

Azuki #5222 at OpenSea. It’s current price is U.S $ 31,352,164.47 & 9,999 ETH and counting.