The Definitive Guide to EXPLAINER: What's this craze for 'NFTs' all about, anyway?

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<h1 style="clear:both" id="content-section-0">The Definitive Guide to EXPLAINER: What's this craze for 'NFTs' all about, anyway?<br><img width="440" src="https://nfthydro.co.za/wp-content/uploads/2019/09/0471c156-b204-4459-99ca-bd5b1cb8c8ed-002.jpg"><br></h1>
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<p class="p__0">There's nothing like a surge of blockchain news to leave you believing, "Um what's going on here?" Learn More Here 's the feeling I have actually experienced while checking out about Grimes getting millions of dollars for NFTs or about Nyan Feline being offered as one. And by the time all of us believed we sort of understood what the deal was, the founder of Twitter put an autographed tweet up for sale as an NFT.</p>
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<p class="p__1">You might be questioning: what is an NFT, anyhow? After literal hours of reading, I think I know. I also believe I'm going to sob. Okay, let's begin with the basics: Non-fungible token. Right, sorry. "Non-fungible" basically suggests that it's distinct and can't be replaced with something else.</p>
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<div itemscope itemtype="http://schema.org/ImageObject">
<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://forkast.news/wp-content/uploads/2021/11/The-Sandbox-Map-October-2021-1260x1183.jpg" alt="UC Berkeley will auction NFTs of Nobel Prize-winning inventions to fund research - Berkeley News"><span style="display:none" itemprop="caption">EtherRock NFT sells for $1.3 million, sale prices jump in week</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://news.artnet.com/app/news-upload/2021/11/FGHMFCBDIVHB3N6PSB7GNB53NM.png" alt="NFT News Today - A platform for everything NFT related - Finance and Freedom"><span style="display:none" itemprop="caption">EtherRock NFT sells for $1.3 million, sale prices jump in week</span>
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<p class="p__2">A distinctive trading card, nevertheless, is non-fungible. If you traded it for a different card, you 'd have something entirely different. You provided up a Squirtle, and got a 1909 T206 Honus Wagner, which Stadium, Talk calls "the Mona Lisa of baseball cards." (I'll take their word for it.) At a really high level, the majority of NFTs are part of the Ethereum blockchain.</p>
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<h1 style="clear:both" id="content-section-1">The Best Guide To Deadmau5, Gregory Siff Merge Digital and Physical Art With<br></h1>
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<p class="p__3">It is worth noting that other blockchains can execute their own versions of NFTs. (Some currently have.) NFTs can actually be anything digital (such as drawings, music, your brain downloaded and became an AI), but a lot of the existing enjoyment is around utilizing the tech to sell digital art.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://image.cnbcfm.com/api/v1/image/106932203-16298011361629801132-18245604253-1080pnbcnews.jpg?v=1629801136" alt="Depends on Who You Ask: Report Shows NFT Sales 'Cool Off,' Another Study Says 'Market Set to Double by October' – Blockchain Bitcoin News"><span style="display:none" itemprop="caption">NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes Nosedive – Market Updates Bitcoin News</span>
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<p class="p__4">A lot of the conversation is about NFTs as an advancement of art gathering, only with digital art. (Side note, when creating the line "purchasing my excellent tweets," we were attempting to consider something so ridiculous that it wouldn't be a real thing. So obviously the creator of Twitter offered one for just under $3 million shortly after we posted the short article.) I make sure some individuals truly hope so like whoever paid practically $390,000 for a 50-second video by Grimes or the person who paid $6.</p>
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