Dictionary
 Open and Collaborative
 Home page

Meaning of nft




Anónimo

nft
  52

Once again we are faced with an abbreviation of an English words "No fungible token" that translated into Spanish means "Token No Fungible". They are basically digital pieces with certificate of authenticity and transaction history. Blockchain blockchain technology allows tokenizing, to simplify it although it is not the same digitize, anything from real life. Pictures, photos, contracts, mortgages, videos etc. . . . could be examples of NFT. Currently there have been million-dollar auctions of these tokens, remembering quite a lot the million-dollars that are paid in the art market. The difference is that with an NFT you can't be fooled and with a picture you can.

  



  ADD NEW MEANING  




       

          


This website uses your own and third party cookies to optimize your navigation, adapt to your preferences and perform analytical work. As we continue to navigate, we understand that you accept our Cookies Policies