NFT

en-eff-tee

Noun

formal english definition

Stands for Non-fungible Token, which is a crypto asset that is one of a kind, stored on the blockchain.

EXPLAIN LIKE I'M 5-YEARS-OLD (ELI5) definition

NFT is like a special sticker that indicates something is just yours and no one else can take it.

COMPREHENSIVE definition

"NFT is a digital asset that employs blockchain technology to ensure ownership and authenticity. Unlike cryptocurrencies such as Bitcoin, which are interchangeable and have the same value, each NFT is one-of-a-kind. "

Other local languages
Tagalog definition

Sa ingles ay pagpapaikli ng terminong “Non-fungible Token”, na isang crypto asset na nag-iisa lamang, at nakaimbak sa blockchain.

Cebuano definition

Pasabot kay Non-fungible Token, nga usa ka crypto asset nga usa sa usa ka kind, nga gitipigan sa blockchain.

Ilocano definition

Naka padacder nga para iti Non-fungible Token, maysa nga paset iti crypto nga kaikaisuna, maidulin iti blockchain.

The Cryptionary