Welcome to 2022: The Year of Absolutely Everything
From bitcoin mining disruptions to NFT booms to Fed disruptions, it was quite a week.
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Jan 8, 2022 at 2:00 p.m. UTC
Jan 8, 2022
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.