# NFT

## WAAT is an NFT

WAAT Games uses NFT technology because it represents the future of both art and gaming.\
This technology enables **traceability**, **uniqueness**, and **authentication** of digital files through the **blockchain**.

Blockchain technology allows for the secure storage of **unique digital assets**.\
Our first part, TittyMatrix, is already available on the **Cardano blockchain**.\
**Stay tuned for the upcoming launches.**

​

## What is an NFT?

**NFT** stands for **Non-Fungible Token,** a unique digital asset stored on a blockchain. Unlike cryptocurrencies such as Bitcoin or ADA, which are interchangeable (fungible), each NFT is **one-of-a-kind**, with its own identity and properties.

NFTs are powered by **smart contracts,** self-executing lines of code that live on the blockchain. Once deployed, these contracts are **immutable** and **decentralized**, meaning no one can alter them or tamper with the rules they define. This ensures the **security, transparency**, and **authenticity** of ownership.

Each NFT contains or links to **metadata**, which includes details such as:

* The creator’s identity
* The creation date
* A description or title
* A link to the associated digital file (artwork, music, video, etc.)

Most of this metadata is stored **off-chain**, while the ownership, transaction history, and essential properties are stored **on-chain**.

| Concept                      | Explanation                                                                                          |
| ---------------------------- | ---------------------------------------------------------------------------------------------------- |
| **NFT**                      | Non-Fungible Token, a unique digital asset stored on a blockchain                                    |
| **Fungible vs Non-Fungible** | Fungible = interchangeable (e.g. 1 ADA = 1 ADA) / Non-fungible = unique (e.g. NFT #1055 ≠ NFT #1056) |
| **Smart Contract**           | Self-executing code that defines how the NFT works                                                   |
| **Blockchain**               | A decentralized, public ledger where the NFT lives (e.g. Cardano, Ethereum)                          |
| **Metadata**                 | Info about the NFT (creator, title, traits, file link, etc.)                                         |
| **On-Chain vs Off-Chain**    | Ownership is stored on-chain / media files and metadata are often off-chain                          |
| **Utility**                  | Some NFTs offer more than visuals: access, games, rewards, lore…                                     |


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://waat.gitbook.io/waatpaper/what-is-waat/nft.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.