What the Tech? NFTs Explained
You can’t go a single day without hearing about NFTs. Non-fungible tokens. What are they? And why in the world would someone spend millions of dollars on something no one seems to understand?
You can’t go a single day without hearing about NFTs. Non-fungible tokens. What are they? And why in the world would someone spend millions of dollars on something no one seems to understand?
For a while a couple of months ago, everybody seemed to be talking about NFTs or non-fungible tokens. Rather than going into detail to explain this again, you can learn about the origin and how to purchase an NFT here. The question asked by most people about NFTs for artwork is “what can I do with it?”. The technology is…
Remember those days in school where you couldn’t understand what the professor was talking about? I recalled those classes when I tried to buy an NFT for a work of art. I was told, .this is going to be confusing. “This is still very new technology, so there is a learning curve,” says digital artist @Bigcomicart, who’s been working in…
Forget for a minute what NFT stands for. I could go on explaining non-fungible tokens for hours and it still might make no sense to you, or me. Even artists admit they didn’t understand it when they began creating it 4 years ago. I reached out to a successful artist creating work on the Blockchain under the pseudonym BigComicArt. From…
Over the weekend someone bid $2.5 million for an autographed original tweet by Twitter co-founder Jack Dorsey. It left most everyone asking “how do you buy a tweet?” and “why would you want to buy a tweet?”. Both valid questions. How do you buy a tweet anyway? Isn’t it on the internet for everyone to see and copy and save?…