NFT stands for Non-Fungible Token: an on-chain record of ownership of a one-of-a-kind digital item. Two units of USDC are interchangeable (fungible); a specific #Name or a specific piece of art is not. On hashtag.org / #SPACE, your #Name is effectively an NFT — that is what makes it transferable and verifiable.
Web3 & crypto basics
NFT
A Non-Fungible Token; a unique on-chain item like a #Name or a piece of art.