NFT, Non-fungible token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.
Some interesting NFTs have been tweets, sports cards, and art paintings.
Jack Dorsey, CEO of Twitter and Square, sold his first tweet as an NFT, which says, “just setting up my twttr,” sold for over $2.9 million
Logan Paul’s short video sold as an NFT for $20,000.
Will this be the future of collectable items? We shall see.