How are NFTs different from Cryptocurrencies?

NFTs and cryptocurrencies go hand-in-hand, but they are not the same thing. While NFTs are basically stored on the same blockchains as certain cryptocurrencies, the difference is that the currencies are fungible. You can swap one Ethereum for another Ethereum and the value would be the same.

NFTs are different because each individual NFT has a unique digital signature on the blockchain. Because of this, each NFT is one-of-a-kind and can have an entirely different value.