€69 million for an NFT? Whaaat? Yep, it seems like a lot, and for most of us it is. But the recent sale of Beeple’s piece, The First 5000 Days, has shown that people are willing to pay top dollar for non-fungible tokens (NFTs).
After publishing our first blog on NFT (non-fungible token) myths, we had lots of interesting comments from people with other things they’d heard about NFTs and crypto. So, as promised we’re here to untangle the truth, and bust some more myths.
Being part of the crypto and NFT (non-fungible token) community is great for so many reasons – it’s fun, new, innovative and exciting. But if you’re just getting started, odds are you’ll have a lot of questions to begin with, and that is totally expected. After all, everyone has to start somewhere.
Welcome to the exciting world of Non-Fungible Tokens (a.k.a NFTs) – this is such a fun and innovative space, with so much potential. But if you’re new to the world of NFTs you might be wondering where to even start…
OK, so we might have spoiled it in the title – NFT stands for non-fungible token, but knowing what it stands for isn’t the same as knowing what it is. So join us as we help demystify the world of NFTs.