What does non-fungible token mean?

Definitions for non-fungible token
non-fun·gi·ble to·ken

This dictionary definitions page includes all the possible meanings, example usage and translations of the word non-fungible token.

Wikipedia

  1. Non-fungible token

    A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can also be associated with reproducible digital files such as photos, videos, and audio. NFTs use a digital ledger to provide a public certificate of authenticity or proof of ownership, but do not restrict the sharing or copying of the underlying digital files or the re-creation of identical NFTs. The lack of interchangeability (fungibility) distinguishes NFTs from blockchain cryptocurrencies, such as Bitcoin. NFTs have seen some use as a speculative investment, and they have drawn criticism with respect to the energy cost and carbon footprint associated with validating blockchain transactions as well as their frequent use in art scams.

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Numerology

  1. Chaldean Numerology

    The numerical value of non-fungible token in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of non-fungible token in Pythagorean Numerology is: 4

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"non-fungible token." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/non-fungible+token>.

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