NFTs (Tokens)
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Information for Authority record
Other Identifiers
Wikidata:
Q55648452
Library of congress:
sh2021003705
Sources of Information
- Work cat: NFT for beginners, 2021:title page (Non Fungible Token (NFT) guidebook)
- Non-Fungible Token tracking ( (NFTracer, 2019) )
- non-fungible token NFT; unit of data stored on a blockchain certifying that a digital asset is unique; can be used to represent photos, videos, audio, etc.; first created in 2014 ( (Wikipedia, viewed April 15, 2021) )
- Investopedia, viewed June 10, 2021(Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are identical to each other and, therefore, can be used as a medium for commercial transactions. NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can be used to represent real-world items like artwork and real-estate. "Tokeninzing" these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud. NFTs can also be used to represent peoples identities, property rights, and more)