NFT
A token representing a unique item rather than an interchangeable unit, recorded on a blockchain.
Also called non-fungible token · NFTs
A token representing a unique item rather than an interchangeable unit, recorded on a blockchain.
Why it matters
The token records a pointer and an owner. Whether it conveys any right to the underlying work depends on terms held off-chain.
Related terms
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Self-Custody
Holding your own keys rather than leaving assets with an exchange or custodian.
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Private Key
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Wallet
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