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One of a kind — How NFTs could change marketing forever — Have a Word

Pete Boyle
4 min readMar 8, 2021

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https://have-a-word.com

Non-fungible tokens… NFTs.

What are they, and how could you use them in your business?

Here’s a few things I’ve learned recently and how I think you could use NFTs to make money online…👇👇👇

#1 — What are NFTs?

Fungible = replaceable.

Non-fungible = non-replaceable.

NFTs use Ethereum Blockchain to create unique digital assets that cannot be replaced like for like.

#2 — What does that mean?

A $5 bill is fungible. Yours is worth the same as mine. We exchange them, nothing changes.

The Mona Lisa is non-fungible. The original is not the same as the print on my wall 🙁

NFTs bring that trackable originality to digital assets.

#3 — When did the NFT craze start?

Back in 2017 with cryptokitties.co from Dapperlabs.

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Pete Boyle
Pete Boyle

Written by Pete Boyle

Founder Growthmodels.co and DecentReviews.co. I examine how businesses grow their revenue.

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