A Basket NFT refers to a collection of multiple non-fungible tokens bundled together as a single digital asset. This allows collectors and investors to own a variety of NFTs in one purchase, rather than acquiring each item individually.

These baskets can include various assets, such as art pieces, music, virtual real estate, and more. Grouping them together can enhance their value due to the diversity and rarity of the items included. Basket NFTs can make it easier for buyers to invest in a curated selection, simplifying the purchasing process.

They also allow sellers to offer a unique collection that might attract a broader audience. Overall, Basket NFTs provide a way to diversify holdings and can serve as an engaging option for both collectors and investors looking for exposure to multiple assets.