NFT stands for Non-Fungible Token and, in itâs simplest concept, is essentially like owning artwork IRL, but digitally. People collect art because itâs rare, unique and expensive. NFTs are very similar and most of them are 100% unique (though not in the case of the FanDome NFTs).
You can sell your NFT as it has a Token ID attached to it, but Iâm not sure of the value attached to the ones that are given out for FanDome.
Hopefully this clears things up! Itâs a very new thing so donât feel bad for not really getting it. I donât either.
I sincerely hope the topic of the heated debate is âwhatâs the best way to dispose of Ranch Dressing shots?â with the two options being âFireâ and âAcidâ.
Hey Alec, 2 more weeks til Abraham Lincoln Vampire Hunter watch along, will you or one of the Moderators will join? It be great to have you guys there.
The movie is on HBO Max.