Non-Fungible Token (NFT)
token · asset
A token unit whose identifier, commitment, or contract state makes it distinguishable from other units.
1.general
A non-fungible token (NFT) is a token record designed to distinguish one unit from another through an ID, commitment, or contract-managed state. "Non-fungible" describes the protocol representation; two NFTs can still be economically equivalent or issued with duplicate media and metadata.
2.metadata
Images, names, traits, and external rights are often stored outside the consensus record and referenced by a URI or content hash. A content-addressed reference can verify bytes, but neither a token nor its metadata alone proves authorship, copyright ownership, authenticity, permanence, or legal entitlement.
3.uses
NFTs can represent collectibles, tickets, game state, memberships, credentials, receipts, or claims on off-chain assets. Actual control may still depend on issuers, contracts, servers, marketplaces, bridges, custody, or law, and transfer fees and finality depend on the network used.
Related terms
Token
→A transferable or accountable unit defined by a blockchain protocol, smart contract, or application ledger.
blockchain · asset
Fungible Token
→A fungible token has interchangeable units, so each unit of the same token is equivalent for payment, accounting, or trading.
token · standard
CashTokens
→Native Bitcoin Cash primitives for fungible tokens and non-fungible tokens attached to UTXOs.
bitcoin-cash · token · protocol
IPFS
→A peer-to-peer file network that retrieves content by cryptographic identifier rather than by a server location.
infrastructure · protocol
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