NFT（Non-Fungible Token）, or non-fungible token, is an indivisible and unique token that serves as a new type of digital certificate and on-chain ownership for valuable items. It is gaining recognition from more and more investors due to its market potential. Currently, NFT projects mainly focus on three areas: digital collectibles, game assets, and virtual worlds, with well-developed ecosystems and mature trading platforms. NFTs can be easily minted and their related information can be viewed and traded on blockchain-based platforms.

One notable project in the NFT space is iNFT, a multi-chain NFT trading platform that supports almost all types of NFT products, such as HPB, Ethereum, Polkadot, BSC, and HECO. It also offers innovative features like blind boxes, which are popular among NFT enthusiasts. iNFT has gained a significant amount of user traffic and support.

The functions of NFTs include:

1. Tokenization of physical assets: Owners of valuable artworks or collectibles can digitize their assets through NFT platforms. This allows for easier online circulation of assets, increasing their liquidity. If the buyer does not take delivery, the artwork or collectible can still be kept on the platform. When the original owner has funds available, they can buy back the NFT, which solves the owner's need for liquidity.

2. Portfolio expansion: Buyers do not necessarily purchase the actual artworks, but if the value of the artwork increases, the buyer can benefit from it. This allows investors to improve their investment portfolios and participate in larger investment projects.

3. Flexible ownership certificates: NFTs can represent different types of ownership rights, including ownership, income rights, and usage rights. Therefore, some tokens can be associated with actual ownership requirements, while others only grant access rights to the object. For example, an art gallery can tokenize a piece of artwork to raise funds for another project. The gallery, however, does not sell the actual ownership of the artwork as it still needs to be exhibited. (For example, Beeple's NFT, which represents ownership of a digital artwork composed of 5000 smaller images, was sold at an auction by Christie's for over $69 million.)

Compared to cryptocurrencies like Bitcoin, NFTs have unique and non-interchangeable characteristics. This lack of interchangeability significantly reduces the liquidity of NFTs, making it an almost unsolvable problem.

NFTs can be programmed, with author information and ownership status being loaded into the NFT through technical means and automated circulation through smart contracts deployed on the blockchain.

The lack of liquidity has

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