What is a NFT A non-fungible token(NFT) is a unique and non-interchangeable unit of data that is stored on a blockchain. NFTs can take the form of photos, videos, audio clips, and various other digital files, and uses blockchain technology to help give it a public proof of ownership. To put it simply, NFTs are […]
Blockchain 101 for Blockheads — the Usefulness and Uses of Blockchain The emergence of Bitcoin in 2009 piqued the world’s interest in blockchain’s application in cryptocurrency. Since then, blockchain has been used for diverse applications by many organizations, companies and governments — in ways we never even considered back when Bitcoin started. Before we examine […]
Blockchain 101 for Blockheads — What even is Blockchain? We have all heard of “blockchain”, a term being thrown around like it’s today’s holy grail or Willy Wonka’s golden ticket to the future. Simply throw in the words “blockchain” or “cryptocurrency” into what you are discussing, and you will sound smart and way ahead of […]
Stratospheric prices Digital artist Beeple sold the NFT (non-fungible token) of a JPG file for a whopping $69 million. There are plenty of other digital pictures sold for millions of dollars such as CryptoPunk’s computer-generated pixel art of an alien and a picture of a rose by artist Kevin Abosch. The NFT art market is […]