# What is an NFT?

By [pissok](https://paragraph.com/@pissok) · 2023-07-21

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NFT stands for "Non-Fungible Token," a unique digital asset that represents ownership or proof of authenticity for a specific item or piece of content. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and interchangeable with one another, NFTs are one-of-a-kind and cannot be replicated. Each NFT is stored on a blockchain, providing a secure and decentralized way to verify ownership and track the asset's transaction history. NFTs have gained significant attention in recent years, particularly in the art, gaming, and collectibles industries.

[https://opensea.io/assets/0xc438cdD8bF4AB6C3b82Af9F3DF4E55F2FCA4608F/0](https://opensea.io/assets/0xc438cdD8bF4AB6C3b82Af9F3DF4E55F2FCA4608F/0)

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*Originally published on [pissok](https://paragraph.com/@pissok/what-is-an-nft)*