# Non-fungible token

Non-fungible token or NFT is a special type of a token that is issued with the following parameters:

"quantity": 1
"decimals": 0
"reissuable": false

NFT is a singular entity that has a unique ID. This contrasts with a regular token, two coins of which (for example, two WBTC) cannot be distinguished from each other. NFTs can be used as in-game items, collectibles, certificates, or unique coupons.

NFT example: https://wavesexplorer.com/assets/VmxSwzHoSjA89LGXx4ub7U4fehYGccg1FWqp3HEjm9D

# Issue of NFT

NFT can be issued in the same ways as a regular token, see Token Issue. The minimum fee for an NFT issue is 0.001 WAVES, 1000 times less than for a regular token.

Token (Asset)

Smart Asset