What is an NFT? Non-fungible tokens explained

What is an NFT? Non-fungible tokens explained

New York (CNN Business)Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie’s auction house sold the first-ever NFT artwork — a collage of images by digital artist Beeple for a whopping $69.3...
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Popular NFT Marketplaces Once you’ve got your wallet set up and funded, there’s no shortage of NFT sites to shop. Currently, the largest NFT marketplaces are: •  OpenSea.io: This peer-to-peer platform bills itself a purveyor of “rare digital items and...
How Does an NFT Work?

How Does an NFT Work?

NFTs exist on a blockchain, which is a distributed public ledger that records transactions. You’re probably most familiar with blockchain as the underlying process that makes cryptocurrencies possible. Specifically, NFTs are typically held on...
What Is An NFT? Non-Fungible Tokens Explained

What Is An NFT? Non-Fungible Tokens Explained

Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts...