A non-fungible token (NFT) is a special type of cryptographic token which represents something unique. They function as verifiable proofs of authenticity and ownership within a blockchain network. NFTs are not interchangeable with each other and introduce scarcity to the digital world.
A limited edition Item is a small run of items, that is intended to create a sense of rarity or exclusivity among potential collectors. Limited editions are also referred to as “special editions,” “collector’s editions,” or “deluxe editions.“
These limited edition items are typically affixed with a fraction, such as 25/50, which is called the edition number of the work.
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