By Matthew Makowski “What are NFTs?” It’s a question we’ve been asked a lot lately. The idea behind them has been around for a while. But they gained a whole lot of legitimacy once Christie’s became the first major auction house to offer a purely digital work of art with a unique NFT.
Let’s start with the basics. NFT is an initialism that stands for non-fungible tokens. The key word there is fungible. Non-fungible means it’s not able to be replaced. And these virtual tokens can represent anything from unique digital art to games to sports collectibles. And they’re having a noteworthy impact on …read more
