Non-fungible token

Unique and non-interchangeable data

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A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. Initially pitched as a new class of investment asset, by September 2023, one report claimed that over 95% of NFT collections had zero monetary value.

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'I felt like an imposter': Louis Theroux to be awarded NFTS fellowship Louis Theroux will be honoured with the prestigious National Film and Television School (NFTS) fellowship next month. Sky News - Published on February 23, 2025
Clubs promoting cryptocurrency fan tokens pose 'risk' to fans, MPs warn A committee of MPs say artists and sport clubs' reputations are at risk if they promote NFTs. BBC Sport - Published on October 10, 2023
Man jailed for the insider trading of NFTs - in what is believed to be the first case of its kind A man has been jailed for the insider trading of non-fungible tokens (NFTs) - in what prosecutors say is the first case of its kind. Sky News - Published on August 22, 2023

Amit Shah to address inaugural session of G20 conference on crime and security in age of NFTs, AI and Metaverse IndiaTimes - Published on July 12, 2023
Trump breaks silence on Instagram to promote his NFTs - but critics say the art is 'cringey' Donald Trump has released a second collection of non-fungible tokens (NFTs) as the 2024 presidential race heats up. Sky News - Published on April 19, 2023