Non-Fungible Tokens (NFTs) are digital assets that represent ownership of a unique item or piece of content, such as artwork, music, or videos. They are typically created on blockchain networks such as Ethereum, Binance Smart Chain, or Polkadot.
Monero, on the other hand, is a privacy-focused blockchain that uses ring signatures and stealth addresses to ensure anonymity in transactions. As Monero is not an EVM compatible blockchain, it is not possible to create NFTs on it using the same methods as on Ethereum.
However, there are other approaches to creating NFTs on Monero that involve some level of abstraction. Read More