Dear MEL Topic Readers,
World's first digital NFT house sells for $500,000
An NFT, non-fungible token, is a unit of data stored on a blockchain that can represent a unique digital item, such as art, music, collectibles, and games. Unlike cryptocurrencies like bitcoin, NFTs are not fungible, or mutually interchangeable. Even though the original copyright to the work might be retained by the creator, an NFT can be bought or resold with cryptocurrency. In practice, buyers get proof of ownership of the reproducible digital files that are tracked on their underlying blockchain. For example, a digital Mars house was sold for over half a million dollars. When people are confined in their homes, innovative ideas that can be enjoyed on screens might help heal mental stress.
Enjoy reading the article and watch the video to learn about NFTs.
https://edition.cnn.com/style/article/digital-nft-mars-house-scli-intl/index.html
No comments:
Post a Comment