NFT stands for Non-fungible token, which means absolutely nothing to the average Jane and Joe, but to digital artists and entrepreneurs, it means EVERYTHING. An NFT is a form of cryptographic token that certifies the originality and uniqueness of the piece of digital art. Simply put, an NFT is a cryptologic certificate of authenticity, this means that even though you can find the image all over the internet when you buy the NFT, you’re buying a unique file for that piece, yours is the only “real” one if that makes sense.
Some NFTs that have been on the news are the adorable Nyan Cat that’s been a common gif used all over the world for years now, a 50-second video by artist Grimes, a clip of Lebron James, and Jack Dorsey’s -founder of Twitter – first tweet. And at this point, you might be wondering “What’s the point?”, and you know what? That is a totally valid question.
