# What is NFT?

**Published by:** [Cryptocurrency & Blockchain](https://paragraph.com/@cryptocurrency-blockchain/)
**Published on:** 2023-12-11
**URL:** https://paragraph.com/@cryptocurrency-blockchain/what-is-nft

## Content

NFT stands for ‘non-fungible token’. Non-fungible means that something is unique and can’t be replaced. By contrast, physical money and cryptocurrencies are fungible, which means they can be traded or exchanged for one another. Every NFT contains a digital signature which makes each one unique. NFTs are digital assets and could be photos, videos, audio files, or another digital format. NFT examples include artwork, comic books, sports collectibles, trading cards, games and more.

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