> For the complete documentation index, see [llms.txt](https://faqs.7-oceans.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://faqs.7-oceans.org/the-7oceans-coin/what-is-a-nft.md). # What is a NFT? NFT is the abbreviation for Non-Fungible Token: Non-Fungible Token. A token is the digitalised form of an asset. The token therefore has a certain value or function. At the same time, real assets such as real estate or music rights can also be tokenised by transferring the associated rights and obligations to the token. This means that the ownership is digitally mapped and is thus tradable. A token can be both fungible (exchangeable) and non-fungible (non-exchangeable). Basically, "non-fungible" in this sense only means that it is a unique digital asset that cannot be exchanged one-to-one for another. The situation is different with bitcoins, for example: Bitcoins can be exchanged at will because they always have the same value. It is the same with cash: a ten-euro note has the same value as another ten-euro note. Non-fungible tokens, on the other hand, can be compared to art objects such as paintings. These have an individual value. When you exchange them for each other, you usually don't get the same value that you pass on. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://faqs.7-oceans.org/the-7oceans-coin/what-is-a-nft.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.