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Glossary

NFT

In short

An NFT (non-fungible token) is a unique blockchain entry certifying ownership of a digital object — art, collectibles or game items.

The token proves assignment, not automatically copyright. After the 2021/22 hype most collections are worthless; the tech itself stays relevant for tickets, licences and gaming.

Does buying an NFT buy the image itself?

Usually only the reference to it plus defined usage rights — the collection's terms say exactly what.

Information, not investment advice. More of this? The newsletter.