# NFTS

**Published by:** [Sanya genius](https://paragraph.com/@fixmyass/)
**Published on:** 2023-04-12
**URL:** https://paragraph.com/@fixmyass/nfts

## Content

https://opensea.io/assets/ethereum/0x9602A2923e9b9B0A893c9eC825B24A6279EC31C9/0 NFT (non-fungible token, translated from English - "non-fungible token"), also a unique token - a type of cryptographic tokens, each instance of which is unique (specific) and cannot be replaced or replaced by another similar token[1], although usually tokens are interchangeable by nature[2][3]. A non-reciprocal token is a cryptographic certificate of a digital object with the ability to transfer the certificate through a mechanism used in cryptocurrencies[4][5]. The token itself is not proof of ownership of a digital asset in the context of copyright law. NFT does not prevent the copying of an object, it only attaches to the owner a "digital token" created on the basis of one of the copies of the digital artifact. There are also no obstacles to the formation of several different tokens for the same file. But if the participants agree that the NFT can form only the real owner and the further transfer of the NFT occurs only in connection with the transfer of the corresponding rights to the original digital object, then the NFT can perform the role of a marker indicating the current owner of the object. NFTs are criticized due to the high cost of electricity and high carbon dioxide emissions in the process of verifying transactions, as well as due to the use of NFTs by fraudsters[6][7]. The usefulness of establishing property rights in an often illegal, unregulated market is also questioned[8].

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