Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Non-Fungible Token (NFT)

Handbook of Research on Inclusive and Innovative Architecture and the Built Environment
A unique digital asset that uses blockchain technology to verify ownership and authenticity, often used to represent digital art or collectibles
Published in Chapter:
Explorative Analyses and Discussions to Compose Design Principles of Building and Spaces: Facts of the Universe and Possibilities of Metaverse
Ekrem Bahadır Çalışkan (Ankara Yıldırım Beyazıt University, Turkey)
DOI: 10.4018/978-1-6684-8253-7.ch004
The term metaverse was first used in the novel 'Snow Crash.' However, it has come into people's lives with the development of 3D design and visual techniques, machine computations, blockchain, and the internet. Companies and communities worldwide are launching their metaverse platform with diverse functions like trading, gaming, and socialization. The virtual spaces are designed, and virtual buildings or reconstructions of existing ones can be seen. The facts and laws of the universe that people live in directly affect their understanding, so developers generally tend to implement these into their virtual environments. However, the factors which shape and govern the real world are not valid in virtual environments. Thus, there are diverse possibilities in the metaverse. This chapter presents the metaverse and its platforms with definitions, usage, interfaces, and problems. It explores the facts of the universe and discusses gaps and lack of designing spaces and buildings in virtual environments by thinking about the possibilities in the metaverse.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
The Effects of Metaverse and Blockchain-Based Cryptocurrencies on Social Life
A unit of data that confirms a digital asset is unique and therefore not interchangeable.
Full Text Chapter Download: US $37.50 Add to Cart
Can Blockchain Really Help the Poor?: If So, Who Is Trying To?
A non-divisible token that cannot be exchanged like-for-like. Unique characteristics make these tokens digitally scarce.
Full Text Chapter Download: US $37.50 Add to Cart
User Acceptance Towards Non-Fungible Token (NFT) as the FinTech for Investment Management in the Metaverse
Unique identifier used to validate and authenticate the ownership of digital assets ownership.
Full Text Chapter Download: US $37.50 Add to Cart
NFT Sports Collectibles: Characteristics and Factors of Consumer Value
An authenticated, non-fungible digital item created on the blockchain that unlocks access to specific value for tangible or intangible items or experiences.
Full Text Chapter Download: US $37.50 Add to Cart
Professionally Ethical Ways to Harness an Art-Making Generative AI to Support Innovative Instructional Design Work
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR