Glossary term
NFT
An abbreviation for non-fungible token. Unlike most cryptocurrencies, which are fungible, NFT's defining characteristic is that they cannot be divided or split into multiple parts. NFTs can represent…
Definition
Understand the fundamentals, context, and nuances behind this term.
An abbreviation for non-fungible token. Unlike most cryptocurrencies, which are fungible, NFT's defining characteristic is that they cannot be divided or split into multiple parts. NFTs can represent many things on the blockchain, such as digital art, music, memberships, real estate deeds, and more.
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