Sep 15, 2025 · Non-fungible token (NFT) is the opposite of a fungible token, which describes the interchangeability of a token. For example, say you had three notes with identical smiley faces …

A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. [1]

A non-fungible token is, most simply, a unique digital asset. It can be a photo, a logo, a meme, a music album, a basketball highlight, a collage, a tweet, a newspaper article, a video; basically, …

Jun 16, 2025 · What does non-fungible mean? The term “non-fungible” is not limited to the NFT space. It is also used to describe assets in law, finance, or commerce that are difficult to …

In economics, when something is non-fungible, it can't be broken into units and interchanged for something else of the same value. Unlike money, things like antiques, cars, houses, and …

Jun 14, 2023 · Non-fungible, therefore, means something is indeed unique, and therefore must be valued independently. Two different works of art by Cezanne, for example, will have two …

NFTs (or “non-fungible tokens”) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the …

Assets with fungibility mean that each unit is identical, interchangeable, and divisible. Fungible assets are used everyday like the US dollar, Bitcoin, and even company reward points. In …

Oct 24, 2025 · A non-fungible token, or NFT, is a non-interchangeable digital asset such as a photograph, song, or video whose ownership has been authenticated and stored on a …

NONFUNGIBLE definition: not easy to exchange or mix with other similar goods or assets: . Learn more.