An NFT is a unique digital token, with most using the Ethereum blockchain to digitally record transactions. This is the part that takes a bit of open-mindedness. We'll break down what NFTs really are, how much they cost and how you can bid on a digital asset to have an NFT of your own. If this doesn't make much sense to you, it's OK. And DC is even giving free NFTs tomorrow (more below). You'll find them everywhere from the NFL to Variety. In short, NFTs offer a blockchain-created certificate of authenticity for a digital asset or piece of art. But that doesn't mean that you own the asset. You can bid on an NFT for a pretty penny (most are expensive). Kings of Leons sold their latest album via NFTs and made more than $2 million from the sales. NFTs are like cryptocurrency but there are some big differences. ![]() It may (or may not) be able to make you a lot of money in the future (more below). Think of them as tokens tied to an expensive digital asset. The world of NFTs is changing by the minute but what are they? NFTs, or nonfungible tokens, can be tied to a video highlight, a meme or a tweet. NFT art could be a new way to spend and make money.
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