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  1. Home
  2. /Glossary
  3. /NFT (Non-Fungible Token)
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cryptocurrency

NFT (Non-Fungible Token)

A unique digital asset on a blockchain representing ownership of art, collectibles, or other items.

Definition

A unique digital asset on a blockchain representing ownership of art, collectibles, or other items. Unlike fungible tokens where every unit is identical, each NFT is one-of-a-kind. The market exploded in 2021 and crashed hard in 2022-2023.

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Learn More About NFT (Non-Fungible Token)

GuideWhat is Ethereum? Complete GuideGuideWhat are NFTs? Complete Guide

Related Terms

Token

A digital asset created on an existing blockchain rather than its own chain.

ERC-721

The Ethereum token standard for non-fungible tokens (NFTs).

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

Airdrop Farming

Strategically using protocols before they launch a token to qualify for free airdrops.

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