← Glossary
NFT
A unique, ownable token on a blockchain — often tied to art or collectibles.
An NFT (Non-Fungible Token) is a one-of-a-kind token recorded on a blockchain. Unlike a coin, where every unit is identical and interchangeable, each NFT is unique and can represent ownership of art, collectibles, in-game items, and more.
The blockchain provides a public record of who owns what, though the value of any given NFT is driven entirely by what people will pay.