← back

nft

👴

NFT is short for non-fungible token, basically a unique digital “receipt” that’s recorded on a blockchain so you can prove who owns a particular item online, like a piece of art or a collectible. The internet hype is that people treat that receipt like the valuable thing, even though the actual picture or file is still easy to copy. It is like paying for a signed certificate for your meme, not the meme itself, and then arguing about scarcity like it is a limited edition sandwich.

nternet.company