What is a non-fungible token (NFT)?

Показать описание

Non-fungible tokens (NFTs) are digital tokens that enable true ownership over any digital asset - song, artwork or a moment in sports. You can’t touch it, but you can own it.

A digital image by the cutting-edge artist Beeple sold for a whopping US$69.4 million at auction, in a record-setting sale for a piece of art that does not exist in the physical world.

Christie’s auction house sold the art piece on March 11 after a two-week online auction involving more than 180 bids. The final auction price tag is the third-highest ever for a living artist, and the most anyone has ever paid for a non-fungible token, or NFT. This was the first time that Christie’s has ever offered a digital-only piece of art with an NFT to guarantee its authenticity.

Anne Gaviola explains the details of NFTs.

#GlobalNews #NFTs #DigitalArt

Рекомендации по теме

Комментарии

• Saying it "sold for $70million" implies it's like real art that sells to art people. It didn't. It was sold to MetaKovan, the founder of an NFT fund (likely as a backroom deal with Beeple). It's just a marketing stunt and MetaKovan likely kept most of the money.
• 1:40 - He feels like a kid again, except he doesn't actually get anything for his money. ¬_¬
• 2:25 - NFTs are no different than cryptocurrencies or stocks or casinos; they're all just different forms of gambling.

vnceigz

Don’t hate... but NFT’s make no sense to me..

kylelichter

2020 version of the 'pet rock' ...

earnestbunbury

I can watch this video everywhere for free and you paid 500$? (Dies of laughter on the floor)

housebruce

That last shot is indeed etched in my memory even more than his name alone KL .

CaboniaBelieves

What happen when NFT Image save as JPG?

kztyrfs

What I don't understand is what the heck is NFT backed by? Dollars are backed by gold but what about NFTs or other types of virtual currencies? If the internet ceases to exist, does that mean virtual currencies will be completely worthless?.... I don't understand.

koolpebble

First comment! It goes way beyond just art/music/performance. You’ll be able to use NFT’s for any kind of contracts like a real estate deed, law documents, published writing/books, and a million other things many don’t even know about. You can even have an NFT that coordinates to a physical item. That really changes the game.

SummerBaby