Advertisement
Category: Standards

What is NFT?

Summary Definition: Non-Fungible Token: a cryptographically unique digital asset stored on a blockchain.

Detailed Technical Explanation

An NFT represents verifiable ownership of a distinct digital or physical item, distinguished by a unique token identifier and associated metadata URI.

Educational Notice: Technical definitions on CoinAd.in are maintained to help developers, students, and engineers understand decentralized computing concepts accurately.

Related Standards Terms

ERC-1155

A multi-token standard for managing both fungible and non-fungible assets within a single...

ERC-20

The standard Ethereum interface for fungible, interchangeable smart contract tokens.

ERC-721

The standard Ethereum interface for non-fungible, unique cryptographic tokens (NFTs).

← Back to Full Glossary
Advertisement