The Influencer Marketing Hub define the modern-day metaverse as “something that is always active, exists in real-time, players have individual agency, it’s a self-contained and fully functioning universe and contains user-generated content.”
After an NFT is minted (created) every transfer -- including each sale -- of the NFT is recorded on a blockchain. This creates a ledger with information on ownership and price history. This record is known as provenance.