Tokens & Assets
Also: NFT, non-fungible token
Non-Fungible Token NFT
A unique blockchain token representing provable ownership of a distinct digital or real-world asset.
NFTs are blockchain tokens where each unit has a unique identifier, making them non-interchangeable — unlike fungible tokens where one unit equals any other. They provide provable ownership and provenance for digital items: art, collectibles, gaming assets, music, and increasingly real-world assets. The ERC-721 standard on Ethereum is the primary NFT format; secondary markets like OpenSea and Blur handle secondary trading with real-time volume as a leading sentiment indicator.
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