Lead · Project Wiki
The biggest NFT misunderstanding: you think you bought the image, but you bought an on-chain record — the file is often off-chain, and the copyright usually stays with the creator.
Zoe Hartman
·
June 03, 2026
NFTs are often associated in the news with sky-high prices and hype, but for most people the first thing to understand is a plain question: when you buy an NFT, what do you actually "own"? This piece unpacks what an NFT really is, and where it's most often misunderstood.
## What an NFT is
An NFT (non-fungible token) is a "unique, non-interchangeable" token on a blockchain. Tokens like...