Monday, March 15, 2021

NFTs Are Fueling a Boom in Digital Art. Here’s How They Work

NFTs Are Fueling a Boom in Digital Art Here s How They Work

Honestly when I see NFT I generally keep on scrolling. Now that social gatherings are on the horizon again, I suppose I should hone up on hyped-internet-lingo for those inevitable awkward convo breaks. Oh the fungibility!! Here is a breakdown from the Wall Street Journal.

Non-fungible tokens, or NFTs, have exploded onto the digital art scene this past year. Proponents say they are a way to make digital assets scarce, and therefore more valuable. WSJ explains how they work, and why skeptics question whether they’re built to last. Photo Illustration: Jacob Reynolds/WSJ

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