Web3
NFT
Non-Fungible Token, a unique digital asset verified on a blockchain representing ownership.
Why it matters
- Enables provable digital ownership
- Creates new models for digital content
- Powers new creator economies
When to use
- For unique digital collectibles
- When provable ownership matters
- For digital art and media
Common mistakes
- Confusing NFT with the content it represents
- Not understanding gas and minting costs
- Ignoring metadata storage considerations
Related terms
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