NFTs Explain
What exactly is an NFT? It’s a digital asset that represents some real-world object like music, art, in-game items, or videos. NFTs are bought and sold online, often with cryptocurrency, and are usually encoded with the same underlying software as many cryptos. NFTs are becoming well-known now, though they’ve been around since 2014, because they’re an increasingly popular way to buy and sell digital artwork. Conti and Schmidt report that “a staggering $174 million has been spent on NFTs since No
