# What is NFT

**Published by:** [CookieMonster](https://paragraph.com/@cookiemonster-2/)
**Published on:** 2022-09-21
**URL:** https://paragraph.com/@cookiemonster-2/what-is-nft

## Content

A non-fungible token (NFT) is a record on a blockchain which is associated with a particular digital or physical asset. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are fungible.

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