A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership.





An NFT is a unit of data, stored on a type of digital ledger called a blockchain. The ownership of an NFT can be transferred by the owner, allowing NFTs to be sold and traded.

NFTs can be created by anybody, and require little or no coding skills to create.

NFTs typically contain references to digital files such as photos, videos, and audio.




NFT vs. Cryprocurrencies

NFTs are uniquely identifiable assets.

Cryptocurrencies are fungible.

Commonly Associated Files

NFTs have been used to exchange digital tokens that link to a digital file asset. Digital art, games, music, metaverses, and other digital files use NFTs.




Some other uses of NFTs

Event tickets can be sold as NFTs. This would enable event organizers or performers to garner royalties on re-sales.





Nike patented a system called CryptoKicks that would use NFTs to verify the authenticity of physical sneakers and would give a virtual version of the shoe to the customer.

Private online communities are formed around the confirmed ownership of certain NFT releases.