NFT
Abbreviation · Slang & Abbreviations · Origin: 2017
Definitions
Non-Fungible Token — a unique digital token on a blockchain representing ownership of a specific asset (art, music, virtual land). Peaked in 2021 when a JPEG sold for $69 million. The market has since cooled considerably.
In plain English: A digital certificate of ownership for something unique (like digital art) stored on a blockchain — hugely hyped in 2021, much less so now.