web3/concepts/nft.md

530 B

Non Fungible Token

A type of smart contracts that associates a tradable cryptoasset with a unique piece of data, often a url to hosted image representing some abstract or perceived notion of ownership in art or sign-value.

NFTs have no fundamental-value.

NFTs are a speculative asset.

NFTs have no use-value.

Tinkerbell Effect

  • [@bodo_rise_2022]
  • [@diehl_tinkerbell_2021]
  • [@olson_line_2022]