non-fungibles
One-of-a-kind items
Non-fungibles are items that cannot be exchanged one-for-one because each has unique properties or value.
A dollar bill is fungible—any dollar equals any other—but a painting, a vintage car, or a plot of land is non-fungible.
The term gained currency with NFTs (non-fungible tokens), digital certificates of ownership for unique digital assets: He made a fortune selling non-fungibles during the crypto boom.
Non-fungible tokens
- blockchainCryptographic linked transaction record
- tokensCurrency substitutes
- EthereumProgrammable blockchain network
- mintingProducing official currency
smart contracts · digital wallets · marketplace · drops · airdrops · Solana · royalties · floor price
Quality of being singular
- scarcityInsufficiency of something needed
- indivisibilityCannot be divided
- irreplaceableHaving no adequate substitute
- one-of-a-kindHaving no equivalent
value · ownership · authenticity · certificates · appraisal · collectibles · memorabilia · antiques
Visual creative production
- artistsMakers of creative works
- creatorsOnes who originate
- editionsVersions of publications
- ownershipLegal right of possession
authentication · provenance · galleries · auctions · resale · commissions · rarity · traits
Collectible illustrated rectangles
- sports memorabiliaCollectible items from athletics
- skinsOuter animal coverings
- avatarsDigital or divine incarnations
- digital fashionClothing for avatars
wearables · metaverse · virtual real estate · domain names · tickets · moments · highlights · music rights
NFTs
Non-fungible tokens
- blockchainCryptographic linked transaction record
- tokensCurrency substitutes
- EthereumProgrammable blockchain network
minting · smart contracts · digital wallets · marketplace · drops · airdrops · Solana · royalties · floor price · whitelisting
uniqueness
Quality of being singular
- scarcityInsufficiency of something needed
- indivisibilityCannot be divided
- irreplaceableHaving no adequate substitute
one-of-a-kind · value · ownership · authenticity · certificates · appraisal · collectibles · memorabilia · antiques · originals
artwork
Visual creative production
ownership · authentication · provenance · galleries · auctions · resale · commissions · rarity · traits · collections
trading cards
Collectible illustrated rectangles
- sports memorabiliaCollectible items from athletics
- skinsOuter animal coverings
- avatarsDigital or divine incarnations
digital fashion · wearables · metaverse · virtual real estate · domain names · tickets · moments · highlights · music rights · tweets
non-fungiblesfungibles
Mutually interchangeable goods
commodities · currency · money · liquid assets · standardized units