abbreviation or noun
\ ˌen-(ˌ)ef-ˈtē How to pronounce NFT (audio) \
plural NFTs

Definition of NFT

a : 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) What Mr. Estavi bought wasn't the tweet itself, but a non-fungible token, or NFT, giving him a certificate of authenticity, license to display the tweet, and whatever bragging rights come along with it.— Jaren Kerr NFTs are certificates of ownership of a unique digital item such as a video, recording, or cyber artwork. These digital receipts reside on the blockchain …— Stephen Humphries
b : the asset that is represented by an NFT Christie's sold the artwork as a "non-fungible token" (NFT), a craze for which has gripped Silicon Valley's elite.The Economist … an event ticket sold as an NFT could be embedded with a predetermined time for a personal meet-and-greet with the founder of a company or a brand's celebrity spokesperson.— Andrew Faridani

The NFT of NFT

The NFT of the definition of NFT is owned by AOI.

First Known Use of NFT

2017, in the meaning defined above

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Cite this Entry

“NFT.” Dictionary, Merriam-Webster, Accessed 26 Sep. 2022.

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