An NFT identifies a token under a contract’s rules. The associated media or rights may depend on external storage, licenses and an issuer. Read what ownership actually grants and whether the media can change or disappear.
Liquidity can be thin and valuations hard to compare. A listed floor price is an asking price, not proof you can sell at that level. Royalty behavior also depends on the marketplace and implementation.
Worked example
A token links to an image on an external server. If that server stops responding, the token record can remain while the media link fails.
Check your understanding
Does buying an NFT automatically transfer copyright?
Show explanation
No. Rights depend on the applicable license or agreement.
Progress is stored on this device.