LOADING...

NFT

An NFT (non-fungible token) is a unique ownership token on the blockchain. They are "minted" and properties can be given to them with smart contracts. Unlike cryptocurrency, these tokens are not exchangeable. What property is represented by the NFT is so broad that it perhaps best fits the notion of "thing". NFTs are currently most commonly used for digital (art) collections, ticketing and POAPS.

Discover more terms

Related Cryptopedia

Halving

The bitcoin halving is the halving of the amount of...

Read more

Hard fork

A hard fork is a software update that is not backwards compatible...

Read more

Peer-to-Peer

A peer-to-peer (P2P) network structure related to blockchain technology is generally...

Read more

Flippening

Flippening is a term speculators use for the exchange of...

Read more

Gas

The cost associated with handling and executing smart contracts on the Ethereum blockchain is called gas...

Read more

Staking

Staking is the process by which a user of a blockchain network "stakes" or locks their cryptocurrency assets to a network ...

Read more

Related blogs

07 - 07 - 23 Knaken

BlackRock’s jump into the World of Bitcoin: What Does It Mean for the Crypto Market?

Dive into the world of BlackRock and Bitcoin with this comprehensive blog post. Learn how the world's largest asset manager is stepping into the crypto space and what this means for the financial industry.

Read more
29 - 06 - 23 Yoren

Partner: Delta Quant B.V.

Delta Quant Capital, a Dutch asset management firm, specializes in delta-neutral trading in the digital asset market through the Delta Quant One Fund. By using balanced investment strategies, they offer their clients a unique way to manage and increase their capital.

Read more

Ready to discover Knaken?