# What is nft?

By [Abdullah Al Mahamud](https://paragraph.com/@abdullah-al-mahamud) · 2023-04-03

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NFT stands for Non-Fungible Token, which is a unique digital asset that is stored on a blockchain. Unlike fungible tokens like cryptocurrencies, each NFT is one-of-a-kind and cannot be exchanged on a one-to-one basis because they have unique attributes or properties that make them distinct from one another.

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*Originally published on [Abdullah Al Mahamud](https://paragraph.com/@abdullah-al-mahamud/what-is-nft)*