NFTs are the new cool kids on the block

NFTs Major Milestones NFTs are the new cool kids on the blockchain. Unlike a Bitcoin token for example, where one can be interchanged for any other, NFTs are unique and no one is like any other. Non Fungible Tokens effectively take a medium like a piece art, a tweet or digital media and turn it into a one-of-a-kind token. One of the most recent examples of NFTs in the news is at the recent, rather awkward burning of a purchased piece of banksy art, after it was tokenized. Once you’ve seen that video once, you might not want to see it again. Other cool examples include Twitter’s CEO, Jack Dorsey tokenizing his first ever Tweet and putting it up for auction as an NFT. Currently the bidding is up to $2.5m. I’d rather take a screenshot of the Tweet, but that’s just me. Certainly, there is now a huge market…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE