Non-fungible token: Difference between revisions

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-{{a|g|[[File:Morons.jpg|450px|thumb|center|I mean, it couldn’t really ''be'' any more meta, could it?]]}}{{quote|''New York, 8 March 2021. “[[Morons]],” a “tokenized” artwork by Banksy, has sold for over $394,000 on the Open Sea NFT marketplace. The piece — burned by an unnamed group of cryptocurrency enthusiasts last week — was sold at an auction for 228.69 ethers (CRYPTO: ETH), which at press time traded at $1724.''
+{{a|crypto|{{image|Morons|jpg|I mean, it couldn’t really ''be'' any more meta, could it?}}}}{{quote|''New York, 8 March 2021. “[[Morons]],” a “tokenized” artwork by Banksy, has sold for over $394,000 on the Open Sea NFT marketplace. The piece — burned by an unnamed group of cryptocurrency enthusiasts last week — was sold at an auction for 228.69 ethers (CRYPTO: ETH), which at press time traded at $1724.''
 :—''JC NEWSWIRE''}}
 {{d|Non-fungible token|/nɒn-fʌnʤəbl/ /ˈtəʊkən/|n|}}<br>
-A unique reference to an external thing that has been cryptographically encoded on a [[blockchain]]. Rather like a derivative (!) an [[NFT]] does ''not'' confer ownership on its referent, or even contain a copy of it, but — unlike any other copy of the referent it is a ''unique'' token of one’s, er, ''non''-ownership of the referent. There is no other token of non-ownership quite like it, you see, and given how the [[bollockchain]] works, it is quite impossible to create one. That is why it is “non-[[fungible]]”.
+A unique reference to an external thing that has been cryptographically encoded on a [[blockchain]]. Rather like a derivative (!) an [[NFT]] does ''not'' confer ownership on its referent, or even contain a copy of it, but — unlike any other copy of the referent it is a ''unique'' token of one’s, er, ''non''-ownership of the referent. There is no other token of non-ownership quite like it, you see, and given how the [[blockchain]] works, it is quite impossible to create one. That is why it is “[[non-fungible]]”.
 Now this would not stop someone else from creating a ''different'' unique token representing the same referent on the [[blockchain]]; the two tokens would just be different representations of it. Not identical: each unique. With me? No? Don’t worry: that’s not your fault.