NFT

abbreviation or noun

ˌen-(ˌ)ef-ˈtē 

plural NFTs

: non-fungible token:

a

: 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 (as of a specific digital asset and specific rights relating to it)

What Mr. Estavi bought wasn't the tweet itself, but a non-fungible token, or NFT, giving him a certificate of authenticity, license to display the tweet, and whatever bragging rights come along with it.

—Jaren Kerr

NFTs are certificates of ownership of a unique digital item such as a video, recording, or cyber artwork. These digital receipts reside on the blockchain …

—Stephen Humphries

b

: the asset that is represented by an NFT

Christie's sold the artwork as a "non-fungible token" (NFT), a craze for which has gripped Silicon Valley's elite.

—The Economist

… an event ticket sold as an NFT could be embedded with a predetermined time for a personal meet-and-greet with the founder of a company or a brand's celebrity spokesperson.

—Andrew Faridani

Did you know?

The NFT of NFT

The NFT of the definition of NFT is owned by AOI.

Examples of NFT in a Sentence

Recent Examples on the Web

In late 2022, the former president launched NFT digital trading cards that depict him as a superhero and other larger-than-life characters. —R. Daniel Foster, Forbes, 2 Nov. 2024

Aim to Make Crypto Art More Approachable By WIRED Staff Gear No One Cares About My Framed NFT Art By Lauren Goode Culture No NFTs in Minecraft? —Nate Anderson, WIRED, 1 Nov. 2024

At the same time, the struggles of Ethereum since its migration to proof-of-stake, along with the end of the NFT fad, means that bitcoin may be more easily distinguished from the noise of speculative bubbles in the minds of retail investors. —Dave Birnbaum, Forbes, 25 Oct. 2024

Watch on Deadline The story has been developed from Web3 concepts generated by BBRC Studios, an arts, fashion and culture incubator aimed at generating NFT projects. —Melanie Goodfellow, Deadline, 22 Oct. 2024

Word History

First Known Use

2017, in the meaning defined above