Top definition
Non-fungible token.
An irreplaceable award, often described in the music industry to label a physical trophy distributed by an artist to one lucky winner.
“Non-fungible”, meaning unique and one-of-a-kind. “Token”, as in an award or trophy
Not all NFTs are free or involved in a giveaway. An NFT may be used in a raffle or bidding. However, the highest bid nor total raffle amount determines the value of the NFT. After all, it is meant to be the only existing one of its kind.
An irreplaceable award, often described in the music industry to label a physical trophy distributed by an artist to one lucky winner.
“Non-fungible”, meaning unique and one-of-a-kind. “Token”, as in an award or trophy
Not all NFTs are free or involved in a giveaway. An NFT may be used in a raffle or bidding. However, the highest bid nor total raffle amount determines the value of the NFT. After all, it is meant to be the only existing one of its kind.
Person 1: Yo, my favorite artist is dropping an NFT. We should enter to win.
Person 2: If I don’t need to pay to enter then I’m down, let’s win this!
Person 2: If I don’t need to pay to enter then I’m down, let’s win this!
by MasonMUS March 29, 2021
Apr 22 Word of the Day
Bro since I got dirtpilled on Tuesday I have made sooo many worm friends and made them soo many little houses to get married in. Me? Lonely? No you’re the lonely one u lawn owning freak
by ecogoth December 30, 2020
2
A “Non-fungible token” (non = not, fungible = interchangeable, token = voucher). NFTs are distinct, easily verifiable digital assets that can represent items from virtual real estate to cherished moments in NBA history.
In other words, owning an NFT is owning a piece of the internet. Some examples:
“Nyan Cat,” the decade-old rainbow cat meme, sold for about $580,000 last week.
In other words, owning an NFT is owning a piece of the internet. Some examples:
“Nyan Cat,” the decade-old rainbow cat meme, sold for about $580,000 last week.
by 4way pen February 25, 2021
3
No Further Text
Used primarily on message boards after a catchy title which usually says all you really need to say, so in the text box you simply put nft, thereby implying you've got nothing further to say and it's great when your letting off steam.
Used primarily on message boards after a catchy title which usually says all you really need to say, so in the text box you simply put nft, thereby implying you've got nothing further to say and it's great when your letting off steam.
by izi January 14, 2006
4
"No F*in' Thanks"
A parody acronym of the Non-Fungible Token (NFT) (because it's worthless and you'd have to be insane to buy one)
A parody acronym of the Non-Fungible Token (NFT) (because it's worthless and you'd have to be insane to buy one)
Did you hear that people are selling Non-Fungible Tokens (NFT's) now. It's lunacy! You'd have to be nuts to buy one. NFT should stand for "No Frickin' Thanks"!
by The Gideon Lion March 11, 2021
5
NFT: Normal For Tiverton. Medical abbreviation used by doctors to describe a patient displaying symptoms of extreme stupidity or features suggesting the patient comes from a very small gene-pool (e.g. webbed fingers or toes)
by zengintepe November 06, 2011