non-fungible token

noun

non-fun·​gi·​ble token ˌnän-ˈfən-jə-bəl- 

variants or less commonly nonfungible token

plural non-fungible tokens also nonfungible tokens

: 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)

Non-fungible tokens … are electronic identifiers confirming a digital collectible is real by recording the details on a … database known as a blockchain.

—Helen Sullivan

Non-fungible tokens are used to verify unique items such as digital art and digital ownership of other items.

—Eileen Brown

Nonfungible tokens each have their own unique value, so they're not tradable on a like-to-like value basis.

—Dave Vellante

also : the asset that is represented by a non-fungible token

A non-fungible token is, most simply, a unique digital asset. It can be a photo, a logo, a meme, a music album, a basketball highlight, a collage, a tweet, a newspaper article, a video; basically, anything that can get online …

—Brian Gordon

… Smith will auction off the horror anthology as a non-fungible token, with the owner gaining the rights to exhibit, distribute and stream the movie.

—Jeremy Thomas

—abbreviation NFT

Did you know?

The NFT of NFT

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

Examples of non-fungible token in a Sentence

Recent Examples on the Web

At 78 years old, the Serbian artist plans to go further with her next venture and enter — literally — the world of non-fungible tokens, otherwise known as NFTs. —Hikmat Mohammed, Footwear News, 24 May 2025

See how technology transformed the art world in this gripping Netflix documentary that delves into the bizarre world of the NFT (non-fungible token). —Thomas G. Moukawsher, MSNBC Newsweek, 17 Apr. 2025

China has not released specific regulation around non-fungible tokens. —Arjun Kharpal, CNBC, 15 May 2025

Cryptocurrency Nike is being sued for suddenly closing its non-fungible token (NFT) business in December, according to Reuters. —Medora Lee, USA Today, 29 Apr. 2025

Word History

First Known Use

2017, in the meaning defined above

Rhymes for non-fungible token

• awoken
• betoken
• heartbroken
• outspoken
• unbroken
• unspoken
• broken
• oaken
• spoken
• woken