Abstract: With the introduction of a new, highly sought-after form: the non-fungible token, technology has been at the forefront of talks about alternative assets in recent months (NFT). By storing data on a blockchain like Ethereum, NFTs reflect the uniqueness of a digital asset, giving ownership of a digital file (albeit the original creator may still retain copyright). NFTs are appealing because they come with the knowledge and confidence that the NFT is the only 'genuine' one of its kind, thanks to the blockchain. NFTs are designed to be a secure means of asset ownership, more easily transferable than traditional alternative assets, because they cannot be altered or counterfeited.

Learning Objective:

• To understand the characteristics of NFT
• To understand the various purposes to be fulfilled by NFT
• To understand various methods used to analyze risks and returns of NFT
• To understand the current and potential use cases of NFT