NFT Protocol is a community-run protocol intended to power applications that support the creation, marketing and exchange of non-fungible tokens. NFT Protocol intends to deliver a decentralized platform with the tools to enable efficient markets for non-fungible tokens and their associated digital goods

Although 'NFT' was the ticker assigned at the deployment of the NFT Protocol Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'NFTPROTOCOL' has been adopted for this token. This designation ensures that assets are distinctly identified.