ASSETS (NFTs)

NFTs (non-fungible tokens) on Nexus are called ‘assets’, and are easily created and/or tokenized through the Nexus desktop wallet or the Integrated API. To create an NFT on Nexus, the fee charged is a flat 1 NXS per asset. Unlike regular tokens, NFTs are unique assets on the blockchain and can be used to represent many different types of digital and physical assets such as Digital Art, Physical Collectibles, and Music. Like NXS and tokens listed on Nexus, asset exchange is verified by a decentralized consensus, i.e. a third party is not required. Therefore, assets are great for use in DApps that provide decentralized and automated services. See Use Cases for Ideas.

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