To be non-fungible, the asset has to be unique, meaning there is ONLY one of them, and it has to be stored on the blockchain with a unique token ID. NFT, short for a non-fungible token, is defined as a blockchain record intrinsically connected to a real word or digital asset with clear ownership via smart contract technology, which allows NFT to be bought, sold, traded, or transferred. Parallel Alpha. These. Just like Fortnite, major brands such as AMC's The Walking Dead and NFT projects such as Bushidos, are partnering and feature in The Sandbox. Let’s take NFT artworks for example. An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. Each NFT has different properties (non-fungible) and is provably scarce. English-language dictionaries typically define anime (/ ˈ æ n ɪ m eɪ /) as "a style of Japanese. An NFT’s reference to off-chain data can be anything written in code. HYBE, the music agency that manages Korean pop (K-pop) megastars BTS – creators of hit track ‘Butter’ – has signed a joint venture (JV) with South. I mean, I do: it's because some fans feel the NEED to engage with every. Browse, create, buy, sell, and auction NFTs using OpenSea today. It is known as Modhaus and is operated by K-pop fans. NFT definition: National Film Theatre | Meaning, pronunciation, translations and examplesNBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips. dream fantasy ghost. They are often pieces of digital art, but can also be videos, tickets to an event, access to play-to-earn games or other digital assets. Koo Jun-yup (Korean: 구준엽; Hanja: 具俊曄; RR: Gu Jun-yeop; born September 11, 1969), also known by his stage name DJ Koo, is a South Korean singer, DJ, music producer, dancer, and songwriter. com Non-fungible tokens, or NFTs, are the latest piece of merchandise the dedicated K-pop fan can buy. It’s totally speculative, like all art is. They are. You can. NFT enthusiasts often argue that NFT ownership is a way to support creators. 4. The sale of NFTs is a means of selling digital art without building an extensive social network. Mar 28, 2023. NFT stands for Non-Fungible Token. What was once confined mainly to South Korea and neighboring countries like Japan, K-Pop, a genre that mixes elements of Hip Hop, R&B, EDM, and other musical styles has left its home and is quick-becoming a major cultural influence around the world. [1] An NFT is a unique digital creation authenticated and verified via blockchain technology. This type of certificate is digital and cannot be altered due to the nature of blockchains. NFT stands for ‘non-fungible token’. A non-fungible token (or NFT) is a digital identifier representing an asset — like a piece of art, media, or digital content. Core Aspects of Floor Price. Non-fungible means that something is unique and can’t be replaced. therefore i don’t think there’s any necessity. S. When entering the world of K-Pop, it feels like everyone is speaking another language. They are bought and sold online, frequently with cryptocurrency, and they are generally. Tokens that are scarce and precious are frequently sold in small numbers. 1 Music Channel MnetWatch the latest and hottest K-POP contents on Mnet K-POP ⓒCJ ENM. The boy-band sensation from South Korea is planning to sell digital cards of its band members that can be collected or traded, similar. [2] It includes styles and genres from around the world, such as pop, hip hop, R&B, rock, jazz, gospel, reggae, electronic dance, folk, country, disco, and classical on top of its. This digital age is continuing to expand, even in music! Articles that explore the intersection of the burgeoning K-Pop industry and the digital world of cryptocurrencies, the blockchain, and. Consumers have the opportunity to purchase "The Show FanBox NFT Collection", which is a set of short clips of K-Pop stars appearing on the "The Show". Each of these tokens is, in essence, a unit of data, but usually NFTs are associated with digital creative assets (image, audio file, video clip, etc. After you provide all these details, click on Create item to mint your NFT on Rarible. Illustration of a non-fungible token generated by a smart contract (a program designed to automatically execute contract terms) A non-fungible token ( NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. This digital age is continuing to expand, even in music! Articles that explore the intersection of the burgeoning K-Pop industry and the digital world of cryptocurrencies, the blockchain, and NFTs. non-fungible token:… See the full definition. Passive systems such as Wick Systems have no moving parts. Legendary boy group Super Junior was the first K-pop group to have a subunit. Description of the NFT landscape. A Bitcoin is. The term could refer to a group’s overarching concept (think girl group. 合併前的nft買賣與區塊鏈交易，伴隨著大量耗能和後續的溫室氣體排放。Select your blockchain: This will be the blockchain on which your NFT resides, and it cannot be changed once minted. As a result, in K-Pop fanbases, OT is frequently followed by the group’s membership; for instance, BTS’s seven members are commonly referred to as OT7. S. What is an NFT? In the most simple terms, NFTs are unique digital collectibles, like drawings or music, that exist on blockchain technology and can be bought and sold as assets. Connect your wallet. They are developing a platform where fans participate in the entire process. Corp ALL RIGHTS RESERVEDVernon (Korean: 버논), born as Choi Hansol (Korean: 최한솔), is a South Korean-American rapper and songwriter under Pledis Entertainment. Definition. OpenSea. abbreviation for non-fungible token: a unique unit of data (= the only one existing of its type…. No two NFTs can be swapped, and this makes them non-fungible. C. As of July 19, 2023, 16 of the 24 members have been revealed. ”. Gods Unchained. Since NFTs for physical assets go through rigorous compliance. NFT art often fits in as decorations. Bringing you closer than ever to your favorite creators, celebrities, and brands. Non-fungible tokens (NFTs) are cryptographically unique tokens that are linked to digital (and sometimes physical) content, providing proof of ownership. As of date, across NFT marketplaces, the trading volume of NFTs surpassed. Jinni left the group on December 9th, 2022. Then, lots of words and definitions in this NFT dictionary are also inspired. And as the industry jostles for more fans overseas, some fans say the. Free high resolution picture download. 4. For example, my first attempt to get on the blockchain was a failure, but I did not give up. OpenSea is a non-fungible token (NFT) marketplace that offers users the ability to buy, sell, create, and trade NFTs. nft non-fungible token. Overall, about 90 percent of all K-pop listeners live outside South Korea, according to K-Pop Radar, an industry tracker. Every industry, hobby, or subculture which works with technology has something to gain from the use of NFTs. Grimes is the latest artist to get in on the NFT gold rush, selling around $6 million worth of digital artworks after putting them up for auction yesterday. ’. 4EVE Members Profile. That said, in day-to-day usage most people call the token “ETH” (or just “Ethereum”). DEFINITION. By learning the NFTs meaning on a deeper level, you’ll be able to stay at the. Their debut mini album. abbreviation for non-fungible token: a unique unit of data (= the only one existing of its type…. Create the NFT: Once you have filled in the details of your NFT, simply select. Instead of a physical object, the highest bidder received a “nonfungible token. 9. R. Again, there is a 2. Even NFT collections with large market caps can move like penny stocks, often advancing or declining 100% daily. Technically, “token” is just another word for “cryptocurrency” or “cryptoasset. Open for bids: People can make you an offer for your NFT. Many NFT buyers want to resell NFTs for a profit and, while all investments are risky, NFTs might. NFT stands for “non-fungible token. Non-fungible tokens or NFTs are unique digital assets that are based on blockchain technology. Non-fungible means that the token is unique and doesn’t have the. It wants governments to expand their regulatory oversight of virtual asset. Although not commonplace, an NFT seller can sell both the NFT and the underlying asset together. nftは、ブロックチェーンと呼ばれるデジタル台帳上に記録されている売買可能なデータ単位である。 nftは、特定のデジタル資産や物理的資産（コンピュータ上のファイルや物理的な物体など）、およびその資産を特定目的で使用するためのライセンスに関連づけることができる 。I don't understand why kpop fans hate NFTs so much. But, as usual, the story of simp isn’t so simple. And after Christie’s auction house sold the first-ever NFT artwork — a collage of images by digital. When you purchase NFTs, you are buying the ownership of digital items, often art pieces or other creative products. Non-fungible tokens ( NFTs) were first introduced on the Bitcoin blockchain ahead of operational smart contract functionality on the network. their…Each time an NFT is transferred or created, the action is permanently recorded on the blockchain and timestamped, meaning it’s possible to trace any single NFT right back to its genesis. Find & Download Free Graphic Resources for Nft. The trick here, however, is to know what fungible means. The value of the NFT exists in these two features: uniqueness and non-reproducibility. nft museum seattle reddit; Why Would You Burn An Nft; top 5 nft games philippines; dehero nft; Nodejs nft: eos nft wallet. This is similar to old. This uniqueness relates to the one-of-a-kind properties assumed by each individual NFT. Moonbirds had a set mint price of 2. galaxy astronaut moon. Modhaus follows an open architecture. En Economía, un activo fungible es algo con unidades que se pueden intercambiar fácilmente, como dinero. . As of date, across NFT marketplaces, the trading volume of NFTs surpassed. Unlike cryptocurrencies that also use the blockchain network for ownership verification, one NFT cannot be directly exchanged with another NFT. K-Pop music has had a meteorite rise in recent years. 1 2 Litto Heart beat Reactions 1,821 Posts 1,690 Guild 𝐌𝐈𝐂𝐇𝐄𝐋𝐈𝐍𝐒 Jul 6th 2022 #1 but bulk buying and non shipback no ok, the logical answer to the question would be the. Tech companies are partnering up with K-pop artists to create non-fungible tokens (NFTs) and attract fans with the blockchain-based ownership of digital content. But, as the name suggests, dynamic NFTs have a number of extra capabilities not offered by static NFTs. For example, a concert ticket is a sign of ownership of one space for a concert. An NFT is a non-fungible token existing on a blockchain. Learning how to navigate the world of K-pop standom is a difficult but rewarding feat. An NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers. But while NFTs may be fetching eye-popping, eyebrow-raising valuations, there is a logic to how — and when — they create value. Some NFT art comes with royalties to the artist, meaning every time the artwork is sold on, the artist can receive 8-10% of all future sales. NFT gaming is growing fast, but more importantly NFT gamers are finding a purpose in their hobby. A gal on insta was hell bent on buying each one of my art pieces as NFTs at $10,000 per piece!! How good is thaaat!! I told her that I can sell her my original artwork and all the rights for just $500 per piece and she can convert it to her own NFT. ”. Before any of the members debuted,. The Collins English dictionary defines metaverse as “a proposed version of the internet that incorporates three-dimensional virtual environments. These. Imagine you are releasing a time-limited collection of Stranger Things's shirts, people want to buy those shirts ASAP so they can resell it for high prices in the future. 80%, according to Curinos. This is different from tokens such as ETH or other Ethereum based tokens like USDC where every token is identical and has the same properties ('fungible'). PROOF NFT holders each received two Moonbirds NFTs, leaving 7,875 Moonbirds to the broader NFT community to vie for. NFT stands for ‘non-fungible token’. By Ian Dean last updated 15 November 2022 Learn the NFT meanings behind NFT slang and NFT terms to get ahead. Step 3. On Thursday night, JYP’s K-pop audition show A2K introduced the world to VCHA, created from the A2K final lineup. K-pop fans have perfected the art of the fan chant, in which fans in live studio audiences and live performances will shout alternate fan chants over the musical intros to songs, and sometimes as. Famous for the global phenomenon. In essence, “OT,” a. (For a more detailed look at what an. This would mean you can divide your digital image or physical car into different tokens and distribute it. Going back to the poster example, you can see who were the past owners for. To call something fungible is to imply that you can replace it with another identical and available item of the same value. A K-pop slang cheat sheet for the newbie stan. In that sense, NFTs are different. A $5 bill is fungible because it. Think of why so many of us host virtual fundraisers for birthdays or wear nonprofit branded t-shirts. description of the object in the metadata of its smart contract, or it can store encrypted link. TL;DR: There are ~360k unique NFT Wallets. (b. tripleS (Korean: 트리플에스; Japanese: トリプルS) is a girl group under MODHAUS. They are the new digital assets like bitcoin and you can. Some people like to collect NFTs and hold a large portion of a collection. Nutrient film technique. 合併前的nft買賣與區塊鏈交易，伴隨著大量耗能和後續的溫室氣體排放。An NFT, or non-fungible token, is a unique token recorded in a blockchain that represents ownership of a digital or physical asset. NMIXX (엔믹스) (formerly known as JYPn) is a 6-member South Korean girl group under JYP Entertainment, consisting of Haewon, Lily, Sullyoon, BAE, Jiwoo and Kyujin. It holds a speculative value – determined by the community – and can be exchanged or traded without fear of duplication. In its simplest form, non-fungible means a unique digital asset. , how they are valued and used. KStarLive announced the launch of K-POP NFT on FEATURED, an NFT platform powered by BSC, a sovereign smart contract blockchain delivering Ethereum. Crazy Frog's entry into the NFT game is a wild mess of drama. [1]Step 2 – Buy crypto. Although metaverse garnered mainstream attention in the past year, the concept has existed for a while. This article uses examples to explain how a non-fungible token (NFT) works and its seven main uses. well a recent example i saw would be NCTs Kun posting one of those NFT monkey pics on his insta and ig nctzens called him out in the comments and he took it down 20 minutes later i think. If you don't have a wallet yet, you can select a provider and create one now. A token is the sign of ownership of an asset. Here are some of the sub-units of. But what does it actually mean? Let’s start with the words themselves. 1. NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies. Anybody can create an NFT — but that doesn't mean anyone will buy it. An NFT is essentially a unit of data which is unique and not reproducible. It reflects you being a part of that community. ค่ายเพลง K-POP ชั้นนำ เตรียมออกสินค้าที่ระลึกของศิลปินในรูปแบบของ NFT ภายในปีนี้ ท่ามกลางการต่อต้านของแฟนคลับ. Upload the. Think of NFTs as a digital certificate of authenticity for anything from an object, video game, or even songs. Past NFT pack sales on WAX have quickly sold out in under six minutes, and very high demand is anticipated for these K-pop idols. From its energetic choreography and music to the beauty of its idols, K-pop (or K for Korea combined with pop) has entranced international and Korean fans alike—and. The purchaser of the NFT should check who owns the underlying asset. Our major issue with them is that they're bad for the environment or something. NFT collections are created when artists collaborate to launch a series of NFTs (issued and sold in digital forms like videos, music, and tweets). NFT is a technology that is drawing much attention lately due to its potential as a new driver for revenue maximization. The law does recognize both fungible and non-fungible. NFT definition: 1. Con dinero, uno puede intercambiar un. They debuted on February 13, 2023 with the mini album Assemble. Binance NFT offers the typical digital assets found on other major platforms: artwork, gaming items. Hybe, the South Korean agency behind K-pop megastar BTS, announced today that it plans to set up a joint venture with Korean crypto exchange Upbit to enter the non-fungible token (NFT) business. QQL is an Ethereum generative art NFT collection created by Tyler Hobbs and Dandelion Wist. 7 billion to US$10 billion, as far as exports are concerned. Meaning, each different $1 can usually be replaced with another $1, in a 1:1 ratio. I. ”. They debuted on July 6, 2022 with the mini album Wanna Know. He makes digital art—pixels on screens depicting bizarre, hilarious, disturbing, and sometimes grotesque images. These underlying “things” can range from digital. In one of the first cases of its kind that could have significant implications for digital assets, a court in Singapore has issued a freezing injunction prohibiting the sale of a Bored Ape nonfungible token. 5 million windfall. In Japanese, the term anime is used to refer to all animated works, regardless of style or origin. NFT, short for a non-fungible token, is defined as a blockchain record intrinsically connected to a real word or digital asset with clear ownership via smart contract technology, which allows NFT to be bought, sold, traded, or transferred. Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. With a majority of fandom spaces taking place online, it makes it that much harder to define fandom vocabulary. A NFT is basically a unique digital asset. When fans declare, “I’m OT7,” they express their love for the entire band. is a short-form for Non-Fungible Token. " The term "non-fungible" refers to the fact that each NFT is distinct and cannot be replaced with a duplicate. The members will rotate between the group, sub-units, and solo activities, as chosen by fans who will be able to communicate with the group and participate in their activities such as deciding the sub-units and the content through NFT photo cards called. An NFT, or non-fungible token, is a digital certificate of ownership that represents a digital or physical asset. Defining K-pop’s version of “girl crush” presents a logistical challenge because it has such a dynamic meaning. , why Taylor Swift is re-recording her first six. NFT stands for “non-fungible token,” and it can technically contain anything digital, including drawings, animated GIFs, songs, or items in video games. APOKI. NFTs are stored on the blockchain to prove ownership and authenticity of unique digital or tangible items. NFT Meaning. As its. NFT" When I was in that situation, I did exactly what you said here. 56 Million. Sales of NFTs, or non-fungible tokens, has risen from under $100 million in 2020 to $25 billion in. Blockchain is a technology that enables the secure sharing of information. NFT stands for non-fungible token, meaning unique digital asset. sis only posted facts "If you gain weight, you’re fat; if you’re skinny, you look sick; if you dress loosely, you look like a man; if you wear dress tightly, it’s too revealing; if you eat a lot, you’re like a pig; if you eat little, you’re picky, if you like luxury, you’re frivolous; if you like being frugal, you don’t know how to dress up, people who are going to insult me are. In short, they are programmed to be more dynamic. They debuted on February 22nd, 2022 with the single album “AD MARE”. After you’ve set up a wallet, you’ll need to find a marketplace to list, mint, and sell your NFT art, such as Rarible, Opensea, or Nifty Gateway. " Nonfungible, meaning you can't exchange it for another. NFTs usually take the form of some type of artwork (graphic, audio, or video), or even in-game assets for certain virtual worlds — but they can also represent real-world assets like art, collectibles, and. It can be described as a mini photo album, which contains pictures of all the members of the band. Choose between creating a single digital copy of your NFT and creating multiple copies to sell the same item multiple times. Ali spagnola nft sale you appear to have chosen yours unusually well, was. Beeple is an artist. Credit: Modhaus. Noticing the success of Bored Ape Yacht Club, similar projects have sought to mimic its formula for success. Binance NFT MarketPlace. How NFT games are changing the way we play. An NFT is a unique digital object with its own traceable history and each object would have a record on the blockchain. , Ltd. A dynamic NFT is, of course, still a non-fungible token, meaning it is a unique blockchain asset that is used to tokenize something else, such as a drawing, video, song, or similar. NFC, which is short for near-field communication, is a technology that allows devices like phones and smartwatches to exchange small bits of data with other devices and read NFC-equipped cards. They pushed back hard against the plans,. K-POP Channel of World's No. CryptoPunk #7804. As a way of sending, receiving, or storing value ETH works much like Bitcoin. #1 Will you buy NFT ? 17 Yes (0) 0% No (17) 100% I know a lot of companies are joining the NFT world , my sister sent me this video (she's not into tech or. And yet, when K-pop labels made their NFT launches public earlier this year, the response from many fans was brutal. Modhaus has a one-to-one connection between blockchain, NFT, and the fans from trainee selection to creating the concept. Trusted free online English Dictionary from Collins. It’s akin to a certificate of authenticity or a deed and it’s recorded on a. What does NFT mean in simple terms? An NFT is a non-fungible token. NFT stands for non-fungible token. But unlike most bitcoin–which is fungible, meaning. ”. abbreviation for non-fungible token: a unique unit of data (= the only one existing of its type…. It is called Super Junior K. You don't care which specific dollar bill (or ETH) you have in your. Hobbs is best known as the creator behind the Art Blocks project Fidenza, which racked up numerous seven-figure (USD) sales in 2021, and his next move was eagerly anticipated. , a non-fungible asset). NFTs signal the latest evolution in blockchain-based assets, moving beyond cryptocurrencies. NFTs, by contrast, are unique. Learn more. 11. thing. NFT is an active system, meaning that it relies on moving parts to work. Free for commercial use High Quality ImagesHow to avoid these scams. An NFT acts as a digital certificate of ownership — of a tangible or intangible asset — that is recorded on a blockchain. Before you begin buying NFTs or selling what you have created, it’s a good. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. It builds off an existing cryptocurrency to generate this token. Modhaus follows an open architecture. In economics, “fungible” is a term used for things that can be exchanged. It cannot be copied, substituted, or subdivided. – She was born in Namdong District, Incheon, South Korea. This raises two important considerations: 1) Ownership of the underlying asset . Leveraging cryptographic signatures native to the blockchain on which an NFT is issued, one can easily determine the origin and the current owner of the asset in question in seconds. Those grant you commercial rights in the artwork of the NFT you purchased, meaning that you have the right to make and sell products like T-shirts, mugs. The members will rotate between the group, sub-units, and solo activities, as chosen by fans who will be able to communicate with the group and participate in their activities such as deciding the sub-units and the content through NFT. PFP (profile picture) is a popular social media acronym. The NFT case is a consistent application of the same premise. This creates an auditable log of the tokens creation, metadata, ownership and transaction history over time. NFT Marketplace: Visit an NFT marketplace like OpenSea. 3 million in March 2021. NFTs usually take the form of some type of artwork (graphic, audio, or video), or even in-game assets for certain virtual worlds — but they can also represent real-world assets like art, collectibles, and. Ha ha. When you purchase NFTs, you are buying the ownership of digital items, often art pieces or other creative products. I always found it weird and suspicious that every hybe group was apart of the project except BTS, i knew BTS had some kind of power over themselves. rise of K-pop in the U. Triple S makes good music so I'm happy to listen to them, and I stay away from the NFT bs. They allow you to create, sell, and buy NFTs. The issue many netizens have with NFTs is that they aren’t environmentally sustainable. 018308 USD with a 24-hour trading volume of not available. It doesn’t even mean that they care about the Frank Lloyd Wright or the Eames house. Modhaus promises to create a fan-centered entertainment system. QQL is an Ethereum generative art NFT collection created by Tyler Hobbs and Dandelion Wist. 3. An NFT is a digital asset that represents a real-world object. NFTs have been controversial in K-Pop, with many entertainment companies creating their own. Even kpop fans realize there's literally no point in spending real money on a digital "certificate of authenticity" for something you see for free anyways. An asset originator bridges a real world asset using Tinlake. A non-fungible token is a digital asset with a unique identity recorded in a database, often on a blockchain. . Its value is determined by what. Physical money and. In simple words, NFT is a unique token that cannot be replaced with something. OpenSea is the original peer-to-peer NFT marketplace, and far and away the largest. Watching gamers' land evolve to merge with other users' plots to create vast expanses of blocky, colourful kingdoms is mesmerising. One of the […]Non-fungible tokens (NFTs) are designed to be i) cryptographically verifiable, ii) unique or scarce and iii) easily transferable. An NFT is a unique cryptocurrency token that can take the form of pretty much anything digital — art, a GIF, or even Twitter CEO Jack Dorsey’s first tweet. Jinni left the group on December 9th, 2022. Businesses and parts of the South Korean government are looking at creating metaverses;. Mainly, NFT degens are mainly made up of millennials and GenZ. NFT stands for "non-fungible token," which is a unique digital asset that is verified on a Blockchain network. 8% growth in recorded music revenues and its position as the fastest-growing major music market last year. The fans solely operate these procedures. 11. It is a type of digital asset that represents ownership of a unique item or asset. So, of course, HYBE is not the only one who has gotten involved with cryptocurrency. Never enter. By creating a system of verifiable digital ownership NFTs. If you've spent any amount of time on the internet this week, you've probably seen a Facebook post, tweet or news headline about "NFTs. The first NFT on our list is from CryptoPunk, known. Hobbs is best known as the creator behind the Art Blocks project Fidenza, which racked up numerous seven-figure (USD) sales in 2021, and his next move was eagerly anticipated. – APOKI is a virtual artist, singer, dancer, and YouTuber under VV Entertainment. NFTs are a type of cryptocurrency created on a smart contract platform such as Ethereum, Avalanche or Solana. The meaning of NON-FUNGIBLE TOKEN is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it); also : the asset that is represented by a non-fungible token —abbreviation. NFT stands for “non-fungible token” — “non-fungible” means it cannot be exchanged for something of similar value. Royalty-free images. ”. 1. , was founded in February in Delaware, according to public records. NFT marketplaces are just some of Ethereum’s dApps. ”. From art to a video clip to a music sample — anything that lives on a machine could be an NFT. K-Pop music has had a meteorite rise in recent years. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. Eternity. Bitcoin Lightning wallet app Wallet of Satoshi has suddenly and inexplicably been removed from Apple's App Store and Google Play in the US. The token part of Non-Fungible Token refers to a digital certificate stored on a publicly verifiable distributed database, also known as a blockchain. Binance's NFT platform lets you sell non-fungible tokens from various different categories, including art, sports, collectibles, entertainment, and gaming.