Interoperability: Bitcoin operates independently, while NFTs on various blockchains may have interoperability challenges, limiting the transferability of tokens between different platforms.
Digital Art and NFTs: NFTs gained significant popularity for representing digital art, providing a new way for artists to monetize and protect their work.
Divisibility: Bitcoin is divisible into smaller units (satoshis), allowing for microtransactions, while NFTs represent whole, indivisible items.
Smart Contracts and NFTs: Certain NFT platforms, like Ethereum, utilize smart contracts to define rules for the creation, sale, and transfer of NFTs.