A Live NFT refers to a non-fungible token that is actively created, traded, or displayed in real-time. These NFTs can represent various forms of content such as art, music, or virtual experiences. The uniqueness of each NFT is secured by blockchain technology, ensuring that ownership and provenance can be easily verified.The term “live” emphasizes that these NFTs are part of ongoing events or performances. For instance, an artist might mint an NFT of a painting while creating it during a live stream, allowing viewers to purchase it immediately. This creates a dynamic interaction between the creator and the audience, enhancing the experience.Live NFTs can also be used in gaming, where in-game items or characters are sold or traded live. This immediate engagement fosters a sense of community and excitement, as buyers can watch the action unfold and make decisions based on real-time developments.Overall, Live NFTs highlight the blend of creativity and technology, allowing for unique, immersive experiences that connect creators and audiences in real time.