Non-Fungible Token (NFT)

Non-fungible tokens (NFTs) are unique blockchain-based digital assets that represent tangible and intangible items, ranging from crypto art and in-game items to virtual kittens and digital collectible cards. Non-fungible means that an asset cannot be simply exchanged for another. Instead, each non-fungible token represents one unique digital asset. In contrast, fungible tokens are interchangeable for another token of the same type, for example digital currencies.