What is all the Hype about NFT\u2019s? What makes them so valuable?Graphic by Rhett\/ MankindHere are a few recent NFT highlights:A video clip of Lebron card James dunking got sold for $208k on a platform called NBA TopShot.Grimes sold her collection of digital artworks for around $6 million. The highest-selling piece was a one-of-a-kind video called \u201cDeath of the Old\u201d that involves flying cherubs, a cross, a sword, and glowing light that\u2019s set to an original song by Grimes. The winning bidder took it for nearly $389,000.3LAU generated $11.6 million in a recent NFT auction, commemorating the three-year anniversary of his best-selling album, Ultraviolet. (Only 33 Ultraviolet Vinyl NFTs will ever be minted.)Famous band Kings Of Leon claims to be the first band to release their album as an NFT. The auction included six \u201cgolden tickets\u201d that will include perks like front row tickets for life.There is an offer to buy Jack Dorsey\u2019s (Twitter\u2019s CEO) first tweet for $2.5 Million. Holy Smokes!In this article, I\u2019ll cover all about NFT\u2019s for you guys to decide if it’s worth investing in and what the future holds for it.NFT stands for Non-Fungible Token. A Non-fungible asset is something unique that isn\u2019t readily interchangeable. Think of a rare sports card, an antique car, or a piece of land. This differs from a fungible asset like cash (a $10 bill is always worth $10, no matter who owns it or what condition it\u2019s in). A token is a type of virtual currency that lives on a blockchain and represents a specific asset, like a piece of digital artwork. So, in simple terms, an NFT is documentation of ownership of a one-of-a-kind digital asset.NFT can be a GIF, image, videos, music album, a plot of virtual land, tweet, etc. The NFT isn\u2019t actually the piece of\u2026<\/p>","protected":false},"excerpt":{"rendered":"
What is all the Hype about NFT\u2019s? What makes them so valuable?Graphic by Rhett\/ MankindHere are a few recent NFT highlights:A video clip of Lebron card [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3896"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3896"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}