NFTs have been around for a long time, despite their recent media exposure. NFTs, or non-fungible tokens, have been all over the news recently. An NFT is a blockchain-based digital asset, commonly artwork, that works similarly to a JPEG file. The argument is that the value of NFTs comes from the fact that the buyer …
Tag: NFTs
Oct 13
Week 6 – What are the effects of NFTs on the Internet? Are they good or bad?
An NFT is basically a new type of digital asset. An Example of that is basically if an author was to sell the writings to his story as an NFT, if he was to do so he could never alter this story but the person who owns it now who has an NFT can change …
Oct 08
NFTs
The effects of NFTs on the internet have been a mixture of both good and bad. For starters, you may be wondering “what are NFTs?” Well, in simple terms, NFTs are non-fungible tokens, tokens that are digital and one of a kind. Sources of audio, video, and picture, sometimes drawings and music that have been …
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