What is an NFT & how does it work?

An NFT is created, or “minted” from digital objects that represent both tangible and intangible items, including: Even tweets count. Twitter co-founder Jack Dorsey sold his first ever tweet as an NFT for more than $2.9 million. Essentially, NFTs are like physical collector’s items, only digital.

What is a non fungible token (NFT)?

The cards are being offeredas a "non-fungible token" (NFT), a way of owning the original digital image. Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to collectables, but plenty of sceptics fear they're a bubble waiting to burst. What is a non-fungible token?

Can NFTS be forged?

The records cannot be forged because the ledger is maintained by thousands of computers around the world. NFTs can also contain smart contracts that may give the artist, for example, a cut of any future sale of the token. How much are NFTs worth?

Will National Geographic enter the NFT market?

National Geographic will enter the NFT market with a limited time collection from 16 photographers. Check out the Nat Geo Genesis NFT Collection live here. In recent years, a new digital file format has promised to revolutionize how things can be owned, bought, and sold across the internet: the “non-fungible token,” or NFT for short.