Non-Fungible Token — a token whose individual units are distinguishable, unlike fungible tokens (where each USDC is identical to every other USDC). NFTs are commonly used for digital art (Bored Apes, CryptoPunks), collectibles, in-game items, and increasingly for identity / credential tracking. The NFT speculative boom of 2021 has substantially deflated; the underlying technology remains useful.
NFT
Non-Fungible Token — a token whose individual units are distinguishable, unlike fungible tokens (where each USDC is identical to every other USDC). NFTs are commonly used for digital art (Bored Apes, CryptoPunks), collectibles, in-game items, and increasingly for identity / credential tracking. The NFT speculative boom of 2021 has substantially deflated; the underlying technology remains useful.
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