Glossary
NFT Meaning: What Does NFT Mean in Crypto?
Definition
Non-Fungible Token, unique digital asset on blockchain
NFT sales peaked at $25B in 2021; beyond art, they represent real-world assets like music rights, with royalties baked into smart contracts. Market Statistics (2025): Total Market Cap: $20 billion. Active Wallets: 5 million monthly. Average Sale Price: $150-300. Use Cases Evolution: Digital art → Gaming assets → Music rights → Real estate → Identity/Credentials.