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
Bored Ape Yacht Club #8135
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation.
Nyan Cat
Nyan Cat is the name of an animation uploaded on April 2 2011, and became a viral internet sensation. The design of Nyan Cat was inspired by my cat Marty, who crossed the Rainbow Bridge but lives on in spirit. I am the original artist behind the iconic GIF and have remastered the image for its 10 year anniversary. Owning this piece grants the following stats: Charisma +10 Luck +10 Happiness +15 ________________ 1400x1400 - 12 Frames
#61489
By OthersideDeployer
CryptoKitties
Hi-ya! I'm Kitty #420184. I want to live in a world where people believe that one day cats will rule this planet. My great-great-great-great-great-great grandkitty lived with Mother Theresa. I look forward to fighting for the people with you.
The Investor's Dream
The second "Visual Toy" about cryptocurrency and its universe that continues the exclusive collection on this theme. After the first Visual Toy, dedicated to the cryptocurrency itself, this visual toy is the other side of the coin. It represents, as its title tells us, the investor's dream, the current person and his financial hopes. A surreal fantasy of the dreams and longings of every investor, in this case the crypto investor. In this magical, happy and colorful dream, aspirations of all kinds intermingle, both the desire for great benefits, represented in a long animation that shows us a production cycle or series production that ranges from the gastronomic recipe of a two-ingredient cake. Bitcoin slice and Ethereum smoothie, passing through magic, represented in a fairy that transforms the cake into real money, which is sucked into a giant capsule to accumulate it and multiply it. The rest is full of investor aspirations, which appear in their dreams in the form of profits or screens that announce that values are rising steadily, as well as physical possessions, such as the sailboat, the helicopter, homes and other objects or possibilities. A dream full of happiness, fun and hope.