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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.”

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