Non-fungible tokens (NFTs) What’s All the Fuss?
Non-fungible tokens (NFTs) aren't new. But they're disrupting the collectibles market.
They're one of the hottest niches in the blockchain space. They're giving cryptocurrencies a run for their money.
NFTs are digital collectibles that contain a component such as art, video, music, real estate, or even tweets on the blockchain.
What are NFTs?
NFTs came to the scene in 2017 with CryptoKitties, an early blockchain game built on the Ethereum blockchain.
When did NFTs start?
CryptoKitties is like digital version of Pokemon cards. But they're found on the blockchain.
What are CryptoKitties?
The ability to interchange an asset or good with assets and goods of the same type.
Money is a fungible asset.
What is fungibility?
Now that your curiosity is going, you might wonder how you can get in the game. There are several platforms for NFTs: OpenSea, Axie Infinity, Larva Labs, NBA Top Shot just to name a few.
What are NFT Marketplaces?
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