20/05/2022 What is an NFT? Experts explain what 'non-fungible token' actually means

Learn what a non-fungible token is in "NFTs: Enter the Metaverse"

You've got questions. We've got answers. So, what exactly is an NFT?

"'NFT' stands for non-fungible token," explainsGary Vaynerchuck,an entrepreneur and CEO otherwise known in the NFT community and by his fans asGary Vee. "When people say, 'Well, what does that mean?' I think the thing I always go to with is it's actually owning something in a digital environment."

Kelly Crow, a Wall Street Journal Art Market Reporter further explains, "In the simplest forms, it's proof that you own a thing. This proof doesn't come in the form of a paper contract that you keep in an archive or that your lawyer hangs on to. It's something that you own digitally."

Want to learn more about NFTs and the people who make, buy, and sell them? Watch "NFTs: Enter the Metaverse" at 8pm ET/5pm PST May 21st on ABC featuringParis Hilton,Gary Vaynerchuck,Beeple,Mark Cuban,3lau,Steve Aoki,Rebecca Jarvisand more.

Arts

https://abc7.com/what-is-an-nft-does-mean-non-fungible-token-meaning/11841735/

Interesting NFTs
CryptoPunk 4156
By C352B5
Sophia Instantiation
Sophia Instantiation by Sophia the AI robot x Andreas Bonaceto
Mint Bubblegum
Ugh! My name's Mint Bubblegum. I once peed on Cleopatra's cat. They had it coming. When no one's home, I invite my pals over and we listen to Aretha Franklin. Can't wait to eat lasagna with you!
#95342
By OthersideDeployer
The Scion
A young figure caught in a moment of distraction, aware only ephemerally of his unconscious being, as it engages in psychological and psychedelic layer spaces. His right arm casually cradles a moray eel; the figure is comfortable but not truly aware of the potentials for danger in such negligence. His shirt reads “Bello” in Pokemon style font, harkening back to a childhood straddling the millennial threshold. To his right side, out of the unconscious deep, shrouded alien heads propagate as a fractal totem, each new iteration a more sophisticated rendering of emotional masking over the cold mystery of the greys. As the scion of the Budgie-Sattva, the young man, in his distraction, is also simultaneously aware of higher levels of self discovery. To his left a psychological topology sets beneath the oracle side of an 8 ball ,hovering; its message a purest concept of acceptance. The “Scion” lettering is in 80’s HeMan style bold declaration. The lower right side of the painting is like a hybrid of melon, feathers, and seeds. The crystals in the background bring light; conducted, refracted, reflected, and dispersed, to balance the dark shadow of the figure’s physical body. The aura of the scion succeeds in layers to point, with a finger, and the crown chakra, toward a center of a mandala existing as nigh pure application of strokes, in essence painterly abstraction, but also revealing hints of the Aura of migraine, and the bi-hemispherical nature of the brain–noting concerns of the possibility of inherited mental disease. Yet the flourish of chakra as it sets against that center is robust, active, coherent, and reveling against all fear. Fundamentally, the piece speaks to the activation of one’s potential to begin to “Know Thyself”, and find greater awareness out of the enigmas of the mind–as an inculcated seed given to the rich soil of one’s own birthright.