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
by Combustion May 06, 2021
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
"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
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
an acronym meaning "Naked FaceTime". When two people, possessing video-chat-compatible smartphones, have a FaceTime phone call while naked. Can also be expanded to "NFTIB", meaning "Naked FaceTime In Bed".
by 1 Studly Muffin December 07, 2010