NFTs (non-fungible tokens) are unique cryptographic tokens on a blockchain. These represent real-world items like art, music, in-game items, videos and real estate. Some fast facts on NFTs here:
The first NFT was minted in 2014.
Selling for $69.3 million, Beeple’s “Everydays: the First 5000 Days” is the most expensive NFT ever sold.
An NFT transaction consumes around 48.14 kWh of energy. This is more or less the amount of power a typical American household will use in a day.
The total value of NFT sales were $2bn in the first quarter of 2021.
Buy them here, these are open platforms from where you can purchase your NFTs and start your collection:
Form a deeper understanding about the potential this new technology will bring.
Learn more about the latest in crypto in our new module — MetCrynN, part of the WorkEx Bootcamp!