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, anything that can get online … - Brian Gordon … Smith will auction off the horror anthology as a non-fungible token, with the owner gaining the rights to exhibit, distribute and stream the movie. Dave Vellante also : the asset that is represented by a non-fungible token A non-fungible token is, most simply, a unique digital asset. When you give someone a flower or a friendship bracelet or something symbolic of the way you feel about them, you're giving them a token of your affection. Eileen Brown Nonfungible tokens each have their own unique value, so they're not tradable on a like-to-like value basis. Twitter co-founder Jack Dorsey sold his first ever tweet as. something serving as a sign of something else tokennoun keepsake, souvenir, token. Helen Sullivan Non-fungible tokens are used to verify unique items such as digital art and digital ownership of other items. An NFT is created, or minted from digital objects that represent both tangible and intangible items, including: Even tweets count. How do you define a NFT Simply put, a non-fungible token (NFT) is a type of cryptocurrency that runs on a blockchain. an individual instance of a type of symbol tokennoun. : a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it) Non-fungible tokens … are electronic identifiers confirming a digital collectible is real by recording the details on a … database known as a blockchain.
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