Non-financial covenant and Non-fungible token: Difference between pages

Latest revision as of 14:45, 16 December 2021

Crypto-assets.

(NFT).

A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.

The best-known, and most expensive, NFTs have related to works of art.

The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.

NFTs are - by definition - unique and not interchangeable.

Accordingly, each NFT can have a different value.

@@ Line 1: / Line 1: @@
-A covenant which is not defined by a financial calculation.
+''Crypto-assets.''
-For example, negative pledge.
+(NFT).
+A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.
+The best-known, and most expensive, NFTs have related to works of art.
+The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.
+NFTs are - by definition - unique and not interchangeable.
+Accordingly, each NFT can have a different value.
 == See also ==
-* [[Covenant]]
+* [[Bitcoin]]
-* [[Financial covenant]]
+* [[Blockchain]]
-* [[Negative pledge]]
+* [[Central bank digital currency]]
-* [[Provision of information]]
+* [[Crypto-assets]]
+* [[Cryptocurrency]]
+* [[Cryptography]]
+* [[Currency]]
+* [[Digital asset]]
+* [[Digital currency]]
+* [[Distributed ledger]]
+* [[Fungible]]
+* [[Intangible assets]]
+* [[Money]]
+* [[Tangible asset]]
+* [[Token]]
-[[Category:Long_term_funding]]
+[[Category:Accounting,_tax_and_regulation]]
-[[Category:Treasury_operations_infrastructure]]
+[[Category:The_business_context]]
+[[Category:Investment]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
+[[Category:Risk_frameworks]]
+[[Category:Risk_reporting]]