NFT for the uninitiated –
Warning! Side effects include confusion, dizziness, and Inspiration
A digital artwork at Christie's auction house sold for $69m – but um… what did the buyer get?
So, what exactly is this “NFT” that is valued at $69M?
A Non-Fungible Token.
Um… I am still not certain what the buyer got.
Determined to get to the bottom of this, I decided to spend some time understanding the world of NFT. What is it? Why is it a rage? Why is it being touted the next big thing for Creators? After hours of reading, I am both skeptical and excited. NFT presents some exciting possibilities, but it still has some way to go before it can redefine the way we live and transact.
I will be sharing my understanding through a series of articles that address the most important questions….
· What is an NFT? When I buy an NFT, what exactly do I get?
· Why is an NFT relevant? Why is it a good time to understand the world of NFTs?
· How can I, as a creator, make money through NFTs?
· How can I “Mint” an NFT? How Do I List an NFT for purchase?
…. So, stay tuned!
Before I leave you today here are some interesting titbits to chew on before we meet again…
Until Next Time…
Do you want to share your thoughts on any topic? Please email us at email@example.com