1. Unique: A piece of digital art might have coded information about individual pixels, while tokenized in-game items might contain details that allow the game client to understand which item the player owns and its attributes.
2. Traceable: This means each token can be verifiably authentic, and not a counterfeit – obviously a very important thing for owners and prospective buyers!
3. Rare: For non-fungible tokens to be attractive for buyers, they should be provably scarce. This will ensure that assets remain desirable in the long run, and that supply does not outstrip demand.
4. Trade: Buy and sell goods, digital products, Avatar wearables, and names in the uquid Marketplace: stocking the very best digital goods and paraphernalia backed by the Binance Smart Chain.
5. Indivisible: NFTs mostly cannot be transacted as fractions of a whole. Just like how one cannot purchase half of a concert ticket or trading card, non-fungible tokens cannot be split into smaller denominations.
6. Programmability: Like all traditional digital assets and tokens built on smart contract blockchains, NFTs are fully programmable. Even more, functionality is possible.