Many people think of art when they hear the word “NFT,” but an NFT (“non-fungible token”) is really just a unique digital identifier that cannot be copied, substituted, or subdivided that is recorded on blockchain. We create an NFT when you claim a building on Explorer in order to create a permanent, secure record of the building ownership and emissions.
The NFT is associated with your building and held for you inside of Carbon Title’s systems. If you sell your home or building, you can contact us to have ownership of the NFT transferred to the new owner.