> For the complete documentation index, see [llms.txt](https://whitendblack.gitbook.io/litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitendblack.gitbook.io/litepaper/introduction.md).

# Introduction

The world of Non-Fungible Tokens (NFTs) has exploded in popularity in recent years. NFTs have become a popular way to represent unique digital assets, such as art, music, and video games, on a blockchain. The idea behind NFTs is that they are unique, and thus their value is determined by their rarity.<br>

In this whitepaper, we introduce an NFT staking project called "White and Black." This project is aimed at providing a new way for NFT owners to earn rewards by staking their NFT’s  in a decentralized manner. The White and Black project is based on the Arbitrum blockchain and will use smart contracts to handle the staking process.

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