Figma is an online collaborative design tool that allows designers to create UI designs, perform prototype designs, and enables real-time collaboration with team members. It features hierarchy, a style system, and visual design specifications, making the design process efficient and collaborative. Users can access Figma through their web browser, relying on cloud storage for cross-platform synchronization and avoiding the need for download or installation. Figma also offers a component library, facilitating systematic design and increasing efficiency./