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PrettyLittleThing co-founder Umar Kamani working on NFT project with new Dragons' Den star Steven Bartlett

Steven Bartlett is set to start filming the new series of Dragons' Den in the New Year

Umar Kamani, co-founder of PrettyLittleThing

A co-founder of fashion brand PrettyLittleThing is working on a NFT project with new Dragons' Den star, Steven Bartlett.

Umar Kamani has partnered with the Social Chain co-founder after the official launch of Flight Story this week.

Mr Bartlett has teamed up with former Social Chain managing director Oliver Yonchev help public companies attract investment through TikTok.

READ MORE: Booths returns to profit as sales jump to record levels during 'rollercoaster' year

A non-fungible token (NFT) is a unique and non-interchangeable unit of data stored on a digital ledger (blockchain).

They can be associated with items such as photos, videos, 3D models, audio, and other types of digital files.

NFTs use blockchain technology to provide a public proof of ownership. The lack of interchangeability (fungibility) distinguishes NFTs from blockchain cryptocurrencies, such as Bitcoin.