NTF Crypto Abbreviation

Non-fungible token

A non-fungible token (NFT) is a non-transferable data unit held on a blockchain, which is a type of digital ledger. NFTs can also be linked to digital items that can be reproduced, such as images, movies, and audio. NFTs use a digital ledger to offer a public certificate of authenticity or proof of ownership, but they don't limit sharing or copying of the underlying digital files, or the creation of identical NFTs. NFTs are distinguished from blockchain cryptocurrencies like Bitcoin by their lack of interchangeability.