NFT
Type: noun, acronym
Pronunciation: /en-eff-tee/ or /n-f-t/
Also spelled or known as: Non-Fungible Token
Plural: NFTs
Related: Blockchain
What does NFT mean? Non-Fungible Token; A unique digital asset recorded on a blockchain.
In music, NFTs may represent collectibles, recordings, artwork, memberships, tickets, or exclusive fan experiences.
NFT synonyms: Non-Fungible Token, Digital Collectible, Blockchain Asset
Example sentence: “The artist released a rare NFT for a special fan.”
PRE-ORDER RECORDING BUSINESS DICTIONARY
