NFT

NFT
nounIntermediateLoanword from EnglishNFT
technical

A unique digital asset verified using blockchain technology, representing ownership or proof of authenticity of a specific item (e.g., art, collectibles, virtual real estate).

NFT는 디지털 예술 시장에서 거래되는 가장 인기 있는 자산 중 하나입니다.

NFTs are one of the most popular assets traded in the digital art market.

💡

NFTs are indivisible and cannot be exchanged on a one-to-one basis with other NFTs, unlike cryptocurrencies like Bitcoin.

Collocations

NFT 시장NFT marketNFT 거래NFT transactionNFT 플랫폼NFT platform

Synonyms

Antonyms

Related Phrases

NFT 민팅phrase
the process of creating an NFT
NFT 스마트 계약phrase
a smart contract that governs NFT transactions

💡Pro Tip

NFT vs. Cryptocurrency

Unlike cryptocurrencies, NFTs are unique and cannot be exchanged on a one-to-one basis.

Gold Rule

Ownership Verification

NFTs provide verifiable proof of ownership for digital assets.

📖Word Origin

Derived from 'non-fungible token,' combining 'non-fungible' (unique, irreplaceable) and 'token' (a digital representation of value).

📝Usage Notes

NFTs are primarily used in digital art, collectibles, and virtual real estate. They are stored on blockchain networks like Ethereum.

Word Breakdown

Non-
not
prefix
+
fungible
able to be exchanged for another identical item
root
+
token
a digital representation of value
root
한영사전