NFT
abbreviation or noun
plural NFTs
a
: a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it)
What Mr. Estavi bought wasn't the tweet itself, but a non-fungible token, or NFT, giving him a certificate of authenticity, license to display the tweet, and whatever bragging rights come along with it.—Jaren Kerr
NFTs are certificates of ownership of a unique digital item such as a video, recording, or cyber artwork. These digital receipts reside on the blockchain …—Stephen Humphries
b
: the asset that is represented by an NFT
Christie's sold the artwork as a "non-fungible token" (NFT), a craze for which has gripped Silicon Valley's elite.—The Economist
… an event ticket sold as an NFT could be embedded with a predetermined time for a personal meet-and-greet with the founder of a company or a brand's celebrity spokesperson.—Andrew Faridani
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