nft meaning kpop. In simple words, NFT is a unique token that cannot be replaced with something. nft meaning kpop

 
 In simple words, NFT is a unique token that cannot be replaced with somethingnft meaning kpop  to a document — literally, a document containing a few words or an

Blackdove and its Blackdove Digital Canvas are on the super-high end of the NFT frame spectrum. Consider the audience you think will like your work and keep them in mind as you create. Toke tersebut bisa digunakan untuk koleksi digital, pemungutan suara, atau bentuk lain dari. If an artist uploaded the same image twice onto the blockchain—the decentralized (and therefore. These major marketplaces have well-stocked support sections, and resources to help you get started with buying and selling NFT art. ”. Because of this 1:1 Art is higher in value as it's more scarce, such as Beeple's Everydays: the First 5000 Days, but. NFTs are unique because they cannot be exchanged for other assets of equal value, like how fiat currency or cryptocurrencies can be exchanged for goods or services. 9. K-Pop music has had a meteorite rise in recent years. An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. French firm Sorare, which sells football trading cards in the form of NFTs, has raised $680m. What does NFT mean. their…Each time an NFT is transferred or created, the action is permanently recorded on the blockchain and timestamped, meaning it’s possible to trace any single NFT right back to its genesis. Also, some NFT marketplaces have a feature where you can make sure you get paid a percentage every time your NFT is sold or changes hands. "Token" comes directly from the crypto space, and "fungible" is a jargon term from finance and economics. The issue many netizens have with NFTs is that they aren’t environmentally sustainable. Most of us don't even really understand it. The token is a digital item that represents a physical or digital item as information. OpenSea. a. ”. They cannot be exchanged or traded equivalently like other cryptographic assets. Words like ‘Baddie’ and ‘Simp’ are popular with those generations aside from their affinity for crypto. Noticing the success of Bored Ape Yacht Club, similar projects have sought to mimic its formula for success. High quality Meta Meaning inspired Pillows & Cushions by independent artists and designers from around the world. " Nonfungible, meaning you can't exchange it for another. Going back to the poster example, you can see who were the past owners for. Modhaus has a one-to-one connection between blockchain, NFT, and the fans from trainee selection to creating the concept. Con dinero, uno puede intercambiar un. 11. Head back to Rarible's homepage and click the blue Create button at the top right. 1. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. APOKI. A blockchain is a type of distributed database or ledger—one of today’s top tech trends —which means the power to update a blockchain is distributed between the. So many of us do it because we like what it says about us our values. Others, like SuperRare and OpenSea, only let people use cryptocurrency. This individuality is critical when dealing with digital assets that have sentimental or artistic worth. It holds a speculative value – determined by the community – and can be exchanged or traded without fear of duplication. Ethereum is the name of the network. [1]Step 2 – Buy crypto. But the decentralized Ethereum network also makes it possible to create and run applications, smart contracts and other transactions on. Terminology gets thrown around, and using context clues isn’t always the easiest way to figure out what the terms mean. A gal on insta was hell bent on buying each one of my art pieces as NFTs at $10,000 per piece!! How good is thaaat!! I told her that I can sell her my original artwork and all the rights for just $500 per piece and she can convert it to her own NFT. Those grant you commercial rights in the artwork of the NFT you purchased, meaning that you have the right to make and sell products like T-shirts, mugs. First, however, I should highlight what an NFT is from a technical perspective. The size of each circle is proportional to the number of assets in each collection. nft數位藝術通常不會將關連作品儲存在區塊鏈上,因為這種檔案都很大。這類代幣的作用就像所有權證明,以網址來指向該藝術品,因此失效連結會是直接的傷害。 環境衝擊的疑慮. Binance's NFT platform lets you sell non-fungible tokens from various different categories, including art, sports, collectibles, entertainment, and gaming. The term NFTs itself stands for “ non-fungible tokens ”. Cryptocurrencies, utility tokens, security tokens, privacy tokens… digital assets and. Yogapetz. From Trainee To Bias: The Big 16 K-Pop Slang Terms To Know. This means that it’s not too late to take advantage of NFT giveaways. Step 3. Non-fungible tokens – or simply NFTs, are digital assets that allow you to prove ownership of a store of value. NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies. ” To give an example, if I trade you my $5 bill for your $5 bill, nobody made a profit. But the NFT market appears to be cooling off these days, with falling transaction values and canceled auctions of high-dollar NFTs. NFTs are created through the process of minting. Currently, most NFTs are representations of real-world art, music, in-game items, and videos. 3. But increasingly it has taken on a couple of more specific meanings depending on context. Ether also works as a virtual currency and store of value. I could suggest you invest in NFTs because they are a good and easy way of making money. Noob: It is used for someone who is new to the non-fungible token sector and does not know much about the NFT market. Like any object. ”. Maximal extractable value was first applied in the context of proof-of-work, and initially referred to as "miner extractable value". An NFT collection is an assortment of digital assets released by an artist (or group of artists) containing a limited number of individual NFTs. NFT is an active system, meaning that it relies on moving parts to work. Modhaus is an unprecedented open architecture K-Pop agency that aims to lead the global music industry. And each unique digital art has metadata that contains the artist's name, creation date, title, and other relevant information. Definition. For example, an NFT for a digital collage sold for $69. That was simple, yes, but understanding what it means is not the same as understanding what it actually is. He is well-known as a member of the legendary K-pop duo CLON. Leveraging cryptographic signatures native to the blockchain on which an NFT is issued, one can easily determine the origin and the current owner of the asset in question in seconds. Typically, most NFT collections consist of numerous NFTs that. Aespa, the four-member K-pop group from SM Entertainment, is launching an NFT collection with the Web3 artist Blake Kathryn that will give fans access to. If there’s one thing that has the potential to do the seemingly impossible and unite all of K-pop’s fandoms in 2021, it’s the industry embracing NFTs (“non-fungible tokens” or unique, digital. NFT stands for Non-Fungible Token. HUMAN ONE. Still Don’t Get What an NFT Is? A digital artwork by the artist Beeple recently sold for $69 million. That makes sure that if your work gets super popular and. TrekkiNFT. – Eternity is an. To give an example, if I trade you my $5 bill for your $5 bill, nobody made a profit. to a document — literally, a document containing a few words or an. The merge of K-Pop and blockchain technologies has ushered in a new era of fan engagement and revenue streams. Modhaus follows an open architecture. Shop thousands of Meta Meaning tote bags designed and sold by independent artists. An NFT, or non-fungible token, is a digital certificate of ownership that represents a digital or physical asset. After giving up on mining, I started my own NFT project, and I am glad that I did that. Non-fungible tokens are also indivisible (i. The sale of NFTs is a means of selling digital art without building an extensive social network. Spider Tanks. The first NFT collection from former President Donald Trump sold out less than a day after going on sale, giving its creators a nearly $4. NFT Profile Picture Meaning in Crypto. Non-fungible Token is referred to as NFT. G and Pink Fantasy. Choose an NFT marketplace. nft non-fungible token. 2) NFTs are investment vehicles. When you purchase NFTs, you are buying the ownership of digital items, often art pieces or other creative products. NFT's are already dying. It is called Super Junior K. Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings. This token is very different in design as compared to fungible tokens like BTC, ETH, or SOL. CryptoPunk #2338 – $4. High quality Meta Meaning inspired Coffee Mugs by independent artists and designers from around the world. Upload the. Technically, “token” is just another word for “cryptocurrency” or “cryptoasset. Business, Economics, and Finance. They are developing a platform where fans participate in the entire process. Definition of PFP NFTs. Think about it this way: fiat money like the United States dollar is fungible. The NFT is essentially the title to a particular, unique bottle of alcohol, and the owner may redeem the NFT for the physical item. Core Aspects of Floor Price. C. The uniqueID and metadata that. ”. This digital age is continuing to expand, even in music! Articles that explore the intersection of the burgeoning K-Pop industry and the digital world of cryptocurrencies, the blockchain, and NFTs. NFA: This is similar to DYOR and stands for ‘Not financial advice. 3m – The most expensive NFT ever sold to a single owners. Conclusion. supply is not available. Leveraging cryptographic signatures native to the blockchain on which an NFT is issued, one can easily determine the origin and the current owner of the asset in question in seconds. Ali spagnola nft sale you appear to have chosen yours unusually well, was. Non-fungible token. meaning it’s free to mint the NFT. tripleS Concept: Well-known as “The idol of all possibilities“, tripleS aims to be the world’s first decentralized K-pop idol group. QQL is an Ethereum generative art NFT collection created by Tyler Hobbs and Dandelion Wist. C. i’m sure that someone with much more knowledge on the topic than me will elaborate further. fungible: [adjective] being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account. NFT gaming is growing fast, but more importantly NFT gamers are finding a purpose in their hobby. The company selling the cards, NFT INT L. As a business, you can earn revenue, in perpetuity via a royalty, through a smart contract. The fans solely operate these procedures. Crazy Frog, the 3D animated amphibian that haunted anyone alive in the mid-2000s with its shrill engine noises and “DING! DING. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. 3. It wants governments to expand their regulatory oversight of virtual asset. 227 (October 2021). By creating a system of verifiable digital ownership NFTs. for your 'are kpop fans whipped enough to promote nfts if their faves do it' question. A $5 bill is fungible because it. Never enter. I mean, I do: it's because some fans feel the NEED to engage with every. The K-Pop merchandise and collectibles market is growing every year. And as the industry jostles for more fans overseas, some fans say the. 10k project: An NFT collection of approximately 10,000 avatars, which was arguably pioneered by the famous CryptoPunks collection. The reason why a POB is special is because the pictures are usually exclusive and are not easily. 4EVE Members Profile. Understanding it in DetailWe need to understand their meaning, i. When it comes to which crypto you should get, Ether (ETH) is the leading one used for NFT transactions. Plants placed into nutrient-rich water channels in an NFT system. This certificate is stored on a blockchain, a publicly accessible digital ledger of transactions that allows anyone to see who owns a. NBA's Top Shot is a helpful example here. IRRIS (아이리스) is a four-member girl group under Justice Records and Mellow Entertainment. Unlike cryptocurrencies, there can only be one instance of each non-fungible token at any given time. NOW. Learn more. The token part of Non-Fungible Token refers to a digital certificate stored on a publicly verifiable distributed database, also known as a blockchain. Definition. Gods Unchained. Yes, the NFT meaning may have been given away in the title. It’s akin to a certificate of authenticity or a deed and it’s recorded on a. 2) Second, the economic concern: NFT is considered a scam because people buy things thinking of it like a real world goodies. But while NFTs may be fetching eye-popping, eyebrow-raising valuations, there is a logic to how — and when — they create value. “One True,” refers to the total number of band members a fan normally supports. The current CoinMarketCap ranking is #1487, with a live market cap of $674,884 USD. K-Pop Positions Explained. This digital age is continuing to expand, even in music! Articles that explore the intersection of the burgeoning K-Pop industry and the digital world of cryptocurrencies, the blockchain, and. A non-fungible token is a digital asset with a unique identity recorded in a database, often on a blockchain. The project launched in April 2021. Agency Asian Agent defended. It is a unique digital file that is stored on a blockchain network. 7 billion to US$10 billion, as far as exports are concerned. Eternity. They are. For example, you can’t exchange a. Bitcoin Lightning wallet app Wallet of Satoshi has suddenly and inexplicably been removed from Apple's App Store and Google Play in the US. No, they really don’t have to be. These. Defining K-pop’s version of “girl crush” presents a logistical challenge because it has such a dynamic meaning. . I hope someone talks more about what NFTs actually mean, which is (mainly) illegitimate big business and environmental harm. Floor price is the lowest price an NFT is listed for sale within an NFT collection — a group of similar NFTs issued by one party. A portmanteau of “token” and “economics,” tokenomics is a catch-all for the elements that make a particular cryptocurrency valuable and interesting to investors. Illustration of a non-fungible token generated by a smart contract (a program designed to automatically execute contract terms) A non-fungible token ( NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. That is, each Bitcoin is identical to one another and, thus, are valued exactly the same (you can read our post on tokenomics for further details). Hobbs is best known as the creator behind the Art Blocks project Fidenza, which racked up numerous seven-figure (USD) sales in 2021, and his next move was eagerly anticipated. Mar 28, 2023. The group's concept is the. An investment app is a service for mobile devices that allows users to invest and manage their money in various financial markets, including stocks, bonds, mutual funds and cryptocurrencies. NFC, which is short for near-field communication, is a technology that allows devices like phones and smartwatches to exchange small bits of data with other devices and read NFC-equipped cards. We update our NFT to USD price in real-time. This means that it has a unique value which can never be replaced. The number of computers required to keep track of all the information for NFT transactions takes a substantial amount of energy. Echo of Intensity by Per Kristian Stoveland. Decentraland and The Sandbox are the most famous examples of metaverses with a real estate market. That includes everything. The artist Mike Winkelmann, also known as Beeple, has just sold an NFT at a record-breaking $69. A dynamic NFT is, of course, still a non-fungible token, meaning it is a unique blockchain asset that is used to tokenize something else, such as a drawing, video, song, or similar. The blockchain serves as a public ledger, allowing anyone to verify the NFT's. NFT" When I was in that situation, I did exactly what you said here. – APOKI is a virtual artist, singer, dancer, and YouTuber under VV Entertainment. NFTs are a type of cryptocurrency created on a smart contract platform such as Ethereum, Avalanche or Solana. They aim to be the world's first decentralized K-pop idol group. 5 ETH, roughly in the $7,000 range,. Here’s the breakdown: a male calls an older male “hyung” and an older female “noona. therefore i don’t think there’s any necessity. (For a more detailed look at what an. Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators. An NFT is a non-fungible token, meaning it’s a unique asset that cannot be copied and isn’t easily interchangeable. 4EVE Members Profile. Free high resolution picture download. NFT, short for a non-fungible token, is defined as a blockchain record intrinsically connected to a real word or digital asset with clear ownership via smart contract technology, which allows NFT to be bought, sold, traded, or transferred. Head to your profile, click on the NFT you want to sell and click on “put on sale”. They debuted on February 22nd, 2022 with the single album “AD MARE”. 合併前的nft買賣與區塊鏈交易,伴隨著大量耗能和後續的溫室氣體排放。Select your blockchain: This will be the blockchain on which your NFT resides, and it cannot be changed once minted. Trusted free online English Dictionary from Collins. E and WAX on the first-ever. 3 million in March 2021. 42,000+ Vectors, Stock Photos & PSD files. To get started, you'll first need to open a crypto wallet and then connect it to the NFT marketplace. Top Shot is a digital platform with its own trading cards that uses NFTs to track. By contrast, physical money and cryptocurrencies are fungible, which means they can be traded or exchanged for one another. Most of us are familiar with cryptocurrencies such as Bitcoin and Ether. 1 2 Litto Heart beat Reactions 1,821 Posts 1,690 Guild 𝐌𝐈𝐂𝐇𝐄𝐋𝐈𝐍𝐒 Jul 6th 2022 #1 but bulk buying and non shipback no ok, the logical answer to the question would be the. NFT meaning: 1. A PFP NFT, or photo-for-Profile non-fungible token, is a one-of-a-kind digital creation created for the express purpose of serving as a user profile photo or avatar on social media. They debuted on February 13, 2023 with the mini album "Assemble". NFTs have been controversial in K-Pop, with many entertainment companies creating their own. By some. Description of the NFT landscape. Modhaus promises to create a fan-centered entertainment system. NFT adalah aset dengan metadata unik yang dilampirkan pada token. Cryptocurrencies are fungible tokens. nft數位藝術通常不會將關連作品儲存在區塊鏈上,因為這種檔案都很大。這類代幣的作用就像所有權證明,以網址來指向該藝術品,因此失效連結會是直接的傷害。 環境衝擊的疑慮. NFTs signal the latest evolution in blockchain-based assets, moving beyond cryptocurrencies. K-pop ( Korean : 케이팝; RR : keipap ), short for Korean popular music, [1] is a form of popular music originating in South Korea as part of South Korean culture. 概要. The International Federation of the Phonographic Industry revealed in its global music report released in March that 2020 had been a “record-breaking year for K. NFT son las siglas en inglés de token no fungible. The First 5000 Days — $69. " NFTs are one-of-a-kind digital assets number that can convey ownership of digital content such as images, videos and music. NFT meaning: 1. The NFT cryptos can have only one owner at any given time. tripleS (Korean: 트리플에스; Japanese: トリプルS) is a girl group under MODHAUS. It reveals the base worth of a collection or NFT project and assists in finding the least market price for the NFT you're seeking. It cannot be copied, substituted, or subdivided. E and WAX on the first-ever. C. 5 million windfall. With alarming regularity, NFT projects pop up, promise buyers an exciting long-term vision, and then shutter and run off with buyers’ money. In simple terms these cryptographic assets are based on blockchain technology. They are built on blockchain technology and. An NFT, or non-fungible token, is a unique digital representation of a good — for our purposes, a work of art. It builds off an existing cryptocurrency to generate this token. The ecosystem includes builds in 2 metaverses. Nonfungible, meaning you can't exchange it for another thing of equal value. Mainly, NFT degens are mainly made up of millennials and GenZ. A K-pop slang cheat sheet for the newbie stan. NFTs (or “non-fungible tokens”) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the same amount. Sure enough, it sold $17 million worth of NFT mint passes upon. K-pop group A. What was once confined mainly to South Korea and neighboring countries like Japan, K-Pop, a genre that mixes elements of Hip Hop, R&B, EDM, and other musical styles has left its home and is quick-becoming a major cultural influence around the world. honeycomb structure. They debuted on February 22nd, 2022 with the single album “AD MARE”. Hobbs is best known as the creator behind the Art Blocks project Fidenza, which racked up numerous seven-figure (USD) sales in 2021, and his next move was eagerly anticipated. The scheme is so common, there’s a term for it. For a female, she would call an older male “oppa” and an older female “unni. The FATF is concerned that virtual assets “are becoming increasingly mainstream for criminal activity more broadly. As a result, in K-Pop fanbases, OT is frequently followed by the group’s membership; for instance, BTS’s seven members are commonly referred to as OT7. English-language dictionaries typically define anime (/ ˈ æ n ɪ m eɪ /) as "a style of Japanese. The first NFT on our list is from CryptoPunk, known. By creating a system of verifiable digital ownership NFTs. These items are stored individually on the blockchain. They cannot be exchanged or traded equivalently like other cryptographic assets. L. Non-fungible tokens or NFTs are unique digital assets that are based on blockchain technology. When you’re ready to part with an NFT (or want to put your own art on sale), you can list it for sale. All orders are custom made and most ship worldwide within 24 hours. But is it really worth it, and what do you really get? The International Federation of the Phonographic Industry revealed in its global music report released in March that 2020 had been a “record-breaking year for K-pop,” as it drove South Korea to 44. NFT stands for non-fungible token, meaning unique digital asset. In some cases, NFTs have. One of the […]Non-fungible tokens (NFTs) are designed to be i) cryptographically verifiable, ii) unique or scarce and iii) easily transferable. NFTs and cryptocurrency draw K-pop labels behind BTS, Blackpink, Twice and other groups as they seek new ways to persuade fans to part with their money |. That said, in day-to-day usage most people call the token “ETH” (or just “Ethereum”). It is not possible to infer from the use of the term “NFT. They are the new digital assets like bitcoin and you can. At first, I had some difficulties, but I overcame them and achieved my dream. This would mean you can divide your digital image or physical car into different tokens and distribute it. From its energetic choreography and music to the beauty of its idols, K-pop (or K for Korea combined with pop) has entranced international and Korean fans alike—and. Jinni left the group on December 9th, 2022. tripleS (Korean: 트리플에스; Japanese: トリプルS) is a girl group under MODHAUS. Most commonly, that. Binance, one of the world's largest cryptocurrency exchanges, has its own NFT marketplace. They are developing a platform where fans participate in the entire process. Open for bids: People can make you an offer for your NFT. (Ex: Red Velvet’s Irene, Stray Kids’ Bang Chan, etc. What we mean by this is that even if you pay $1 million for an original Beeple NFT, it doesn’t mean that you’ll be able to sell it for $1 million or more. To buy or sell NFT art, you’ll need a digital wallet. Authoritative, reliable and up-to-date content for English word reference, with images, example sentences, audio and video pronunciations, and related thesaurus. By contrast, physical money and cryptocurrencies are fungible, which means they can be traded or exchanged for one another. Yahoo. The members will rotate between the group, sub-units, and solo activities, as chosen by fans who will be able to communicate with the group and participate in their activities such as deciding the sub-units and the content through NFT. thing. NFTs, or non-fungible tokens, share some similarities with cryptocurrencies like Bitcoin. Even some zealous NFT supporters are worried that the market has gotten oversaturated. LINE NEXT is the NFT subsidiary of Tokyo-based mobile app giant LINE Corporation, which is owned by Naver and the Softbank Group. NFTs on the other hand are non-fungible tokens, assets that exist mostly on the Ethereum blockchain with a unique, digital identity. Fungible is an English word that means “being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. Find & Download Free Graphic Resources for Nft. Fans will be able to buy “The Show FanBox NFT Collection”, a set of short clips of K-pop stars appearing on The Show, a weekly music programme on South Korean channel SBS. Pick a file. 2M in DecemberIni Penjelasan dan Cara Membuatnya. Some examples are Bored Apes and Doodles. C. Naïve by Olga Fradina. When a physical asset is offered or sold as an NFT, it means that the associated non-fungible token holds unique digital attributes that represent that asset on the blockchain. Non-fungible means that something is unique and can’t be replaced. As a way of sending, receiving, or storing value ETH works much like Bitcoin. It’s totally speculative, like all art is. The group’s concept is the. e money laundering. Passive systems such as Wick Systems have no moving parts. Let’s take NFT artworks for example. C. Transactions are recorded in an account book called a ledger. – Eternity is an. 5 million. nftは、ブロックチェーンと呼ばれるデジタル台帳上に記録されている売買可能なデータ単位である。 nftは、特定のデジタル資産や物理的資産(コンピュータ上のファイルや物理的な物体など)、およびその資産を特定目的で使用するためのライセンスに関連づけることができる 。NFT is an acronym for “non-fungible token. Since. Let’s look at some of the most expensive and popular forms of art and collectibles ever sold as an NFT. According to a Bloomberg report, Hybe Co. It’s popularly claimed that the internet slang simp is an acronym for “Suckers Idolizing Mediocre Pussy. Updated August 9, 2023. ” Fungible is an English word that means “being of such nature or kind as to be freely exchangeable or replaceable, in. Read more: NFT Art Sales Reached All-Time High of $8. You can. Instead, it just has unique digital representation in the form of a non-fungible token on the blockchain. Non-fungible means that the item cannot be exchanged for. Non-fungible means that something is unique and can’t be replaced. But while NFTs may be fetching eye-popping, eyebrow-raising valuations, there is a logic to how — and when — they create value. A PFP NFT, or picture-for-profile non-fungible token, is an exclusive digital image designed to serve as its owner’s personal profile picture. The NFT case is a consistent application of the same premise. 80%, according to Curinos. Bringing you closer than ever to your favorite creators, celebrities, and brands. The NFT can then be used as a digital proof of ownership. Some people like to collect NFTs and hold a large portion of a collection. In that sense, NFTs are different. He smashes together pop culture, technology, and. It doesn’t even mean that they care about the Frank Lloyd Wright or the Eames house. Currently, NFTs are used mainly for digital artwork. "These aren’t. Before any of the members debuted,. I always found it weird and suspicious that every hybe group was apart of the project except BTS, i knew BTS had some kind of power over themselves. Unlike cryptocurrencies that also use the blockchain network for ownership verification, one NFT cannot be directly exchanged with another NFT. There are also projects that encourage users to purchase more NFTs with a view of creating other valuable digital assets. Modhaus: A New Paradigm for K-Pop. Even kpop fans realize there's literally no point in spending real money on a digital "certificate of authenticity" for something you see for free anyways. NFT art often fits in as decorations. NFTs are bought and sold online. OpenSea is the world's first and largest web3 marketplace for NFTs and crypto collectibles. Many physical assets are also non-fungible. Upload the. Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. Definition. Etymology. They can cost a million dollars—and we’ve definitely seen these sky-high prices in the news—but there are also lots. Connect your wallet.