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Showing posts with the label non fungible tokens

Random Musings on Non-Fungible Tokens (NFTs) in 2022

Whilst not intended as a comprehensive primer (happy to think about that if asked), I recently found myself participating in a Zoom call with a Mini-major film studio recently where the concept of NFTs appeared to have passed them by. After a short discussion it became clear that they couldn't really see how NFTs might disrupt the film sector so I though some random musings on NFTs might help! "This year we will continue to see NFTs grow and eventually become mainstream." Aleksander Larsen, Sky Mavis Introduction For good reason, "non-fungible token" (NFT) was Collins Dictionary's word of 2021. Actually, two really good reasons exist. The first is that NFTs are gaining momentum in a big way lately, and many are rushing to the dictionary to find out what exactly they are. The second reason is that NFTs could be about to change everything! NFTs are digital content pieces linked to a blockchain. Think dispersed digital databases like the one that ...

What Are Non Fungible Tokens or NFTs? MorningLine P.3

Have you heard of non fungible tokens or NFTs? On today's MorningLine, we are joined by Josh White, Assistant Professor of Finance at Vanderbilt Univ., to explain what exactly are NFTs, who can buy them, and how these are different from cryptocurrencies. Be sure to watch to learn more. What to know about non-fungible tokens (NFTs) — unique digital assets built on blockchain technology NFTs have become increasingly popular and have sold for millions. They can come in the form of everything from memes to pet rocks.NFT; Alyssa Powell/Insider + A non-fungible token (NFT) is a unique digital asset that represents ownership of real-world items like art, video clips, music, and more. + NFTs use the same blockchain technology that powers cryptocurrencies, but they're not a currency. + While NFTs have sold for millions, they're highly speculative assets that are not appropriate for every investor. + Visit Insider's Investing Reference library for more stories. ...