Nifty (NFT) Intro
It took a while, but NFT’s have recently swept the headlines of major publications. People can’t understand why someone would pay millions of dollars for a jpeg or GIF. Simple explanation: An NFT (Non Fungible Token) is a digital collectible. It’s a bit like a digital baseball card. The more technical explanation is that encryption enables NFTs to be a unique token which is not interchangeable due to the unique address it has been given. It is impossible for the tokens to be exchanged or replaced. They can be removed from the…
