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 September 2021, the Clem family auctioned the 'Side-Eyeing Chloe' meme as a non-fungible token (NFT) for 25 Ethereum, approximately $74,000 at that time, per BBC. —Valerie Mesa, People.com, 6 Dec. 2024

There was also an NFT on prominent display created in collaboration with an artist using AI. —Kristen Tauer, WWD, 4 Dec. 2024

Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! —Billy Bambrough, Forbes, 30 Nov. 2024

For a crypto fanatic like Sun, the artwork's similarity to an NFT most likely didn't go unnoticed. —Gabriella Rudy, NBC News, 21 Nov. 2024

Word History

First Known Use

2017, in the meaning defined above