You might not know how they work, but there’s a good chance you’ve heard about non-fungible tokens or NFTs. They became extremely popular in 2021 when a digital artist named Beeple sold one online for ...
Amid a tidal wave of hype and scams, they soared like Icarus — then crashed like the Hindenburg. But why did it happen, and ...
The idea of ownership has undergone a radical shift in the online world. What was applicable in the realm of actual property and intellectual property rights has now expanded to digital property that ...
Forbes contributors publish independent expert analyses and insights. Andrey Sergeenkov is a freelance crypto journalist Non-fungible tokens and decentralized applications are changing how we own and ...
These tokens are considered non-fungible because you cannot exchange one NFT for another identical one. For instance, if you have one bitcoin, you can exchange it for another bitcoin and still have ...