NFT stands for 'non-fungible token'. It is a unique digital identifier recorded in a blockchain.
Why do you need a NFT from your bike?
With the help of the NFT you can verify that the bicycle was purchased from Steel Vintage Bikes as well as the date and the price of your purchase. The Bike NFT isa digital certification that shows the value and authenticity of your bike. If you decide to sell it one day, then you can pass by the bike NFT to the new owner and preserver the value which will be increasing over the time.