# What is an NFT?

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🎨 An NFT (Non-Fungible Token) is a type of digital certificate recorded on a blockchain, used to signify the uniqueness and ownership of a specific digital asset. In simpler terms: an NFT can be thought of as a **“verifiable certificate for digital art or collectibles”** in the digital age, proving who owns a particular digital asset or participation right.&#x20;

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🔄 On the **Artoco platform**, NFTs are **not defined as short-term speculative tools**, but rather as **“participation certificates and transactional carriers”**, designed to support rule-based engagement and transparent transaction records within the platform.&#x20;

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#### <mark style="background-color:$success;">🌐 Key points to understand about NFTs:</mark>

• 🔍 **Transparency**: Records can be traced on the blockchain (subject to the specific chain and recording methods supported by the platform) \
• ✅ **Verifiability**: Ownership and transaction records are verifiable \
• ⚠️ **No value guarantee**: NFT market prices fluctuate with supply and demand—the platform does not guarantee any price or outcome


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