NFT technology was created in 2017 based on Ethereum smart contracts. The first piece of art to be converted into an NFT token was a 2007 black and white stencil by artist Banksy called Morons (White). Blockchain company Injective Protocol bought it, burned it, and created an NFT token, a virtual asset tied to a “digital image of an art object.” You can even create an NFT token yourself. To do this, you need to take a digital object (a picture, a music track, a photo, etc.), register in a special marketplace (for example, on Rarible or OpenSea sites) and upload an object with a description and price there. On many services, you will have to pay a commission for creating an entry in the blockchain, that is, a unique token.