A Non-fungible TokenCan be considered as a digital coupon whose unicity can be mathematically proven and being tradable for assets, services, or goods. The concept of token isn’t actually from crypto ecosystem; is a unique token issued on a blockchainA blockchain is a type of distributed ledger technology. It is a huge database formed by blocks,cryptographically linked to each other, containing information such as transactions. These blocks are addedfollowing through a smart contractComputer protocol executed by predefined conditions (« if…then »). A smart contract can be automatically executed with digital tools, allowing real time check of the contract’s conditions.. It is different from a
crypto assetDigital asset based on cryptography principles. Peer to peer traded, on a decentralized network, thanks to Distributed Ledger Technologies such as blockchain. The user is integrated into storage and transaction because it can’t be reproduced, however, it is still a digital asset.
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