Terenval Crypto Glossary · Русская версия
Non-fungible token
Definition: A non-fungible token is a blockchain token whose individual token ID represents a distinct item, position, right or record rather than an interchangeable unit.
ERC-721 and some ERC-1155 assets are common NFT implementations on Ethereum-style networks.
How this concept appears in Terenval Wallet
If a compatible dApp requests an NFT transaction through Terenval, the wallet is signing a smart-contract action on the selected network.
Important: NFT ownership does not automatically grant copyright, redemption rights or guaranteed market value.
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