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