NFT - An NFT (non-fungible token) is a non-interchangeable unit of data stored on a blockchain. Because each token is uniquely identifiable, NFTs differ from cryptocurrencies, such as Bitcoin. NFTs can be represented as any sort of digital information, including photo, video, and audio. Because NFTs can be traded in an open market, some have accrued significant monetary value. These trading opportunities have provided an avenue for savvy traders to capture significant profit.