NFT

abbreviation or noun

plural NFTs
a
: a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it)
What Mr. Estavi bought wasn't the tweet itself, but a non-fungible token, or NFT, giving him a certificate of authenticity, license to display the tweet, and whatever bragging rights come along with it.Jaren Kerr
NFTs are certificates of ownership of a unique digital item such as a video, recording, or cyber artwork. These digital receipts reside on the blockchain …Stephen Humphries
b
: the asset that is represented by an NFT
Christie's sold the artwork as a "non-fungible token" (NFT), a craze for which has gripped Silicon Valley's elite.The Economist
… an event ticket sold as an NFT could be embedded with a predetermined time for a personal meet-and-greet with the founder of a company or a brand's celebrity spokesperson.Andrew Faridani

Did you know?

The NFT of NFT

The NFT of the definition of NFT is owned by AOI.

Examples of NFT in a Sentence

Recent Examples on the Web She’s also been recording and performing music since 2002, with her most recent work being an NFT visual album of songs and short films under the pseudonym Toro Gato. Wesley Stenzel, EW.com, 1 June 2024 For the topsy-turvy world of crypto, however, ETFs have been the most jolting spark of life since the NFT craze of 2021. Leo Schwartz, Fortune, 28 May 2024 Trump made between $100,000 and $1 million selling NFT trading cards in 2022. Andrew R. Chow, TIME, 22 May 2024 In January 2023, Paul was slapped with a class-action lawsuit after allegedly raking in millions in cryptocurrency for promoting an NFT game that never came to fruition. Sasha Rogelberg, Fortune, 27 Apr. 2024 Teachers unions backing Biden amplify message Presidents of the National Education Association (NEA) and American Federation of Teachers (NFT) will join the first lady on Friday in Bloomington for her remarks at the Education Minnesota Convention. Libby Cathey, ABC News, 19 Apr. 2024 Those who elected to keep the NFT of the work had their original painting burned and destroyed by Hirst. Alex Ritman, Variety, 25 Mar. 2024 Despite initial skepticism and doubts, the NFT marketplace has demonstrated remarkable resilience and adaptability. Kyle Russell, Journal Sentinel, 28 Mar. 2024 As of February 2023, since 2021, Nike reportedly earned $185 million in NFT sales revenue. Verostina Antwi, Essence, 27 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'NFT.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

2017, in the meaning defined above

Time Traveler
The first known use of NFT was in 2017

Dictionary Entries Near NFT

Cite this Entry

“NFT.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/NFT. Accessed 6 Jun. 2024.

Last Updated: - Updated example sentences
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