Dear reader,
unless you live under a rock, you must have heard about NFT (non-fungible token) by now. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else.
For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.
NFTs can really be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art.
The most prominent sale of a piece of digital art is probably Beeple’s collage that was sold for $69 million.
The latest innovation in the NFT space is TAG Protocol.
TAG Protocol allows members to create their own unique social media Hashtag on the Blockchain.
And this Hashtag will earn them money!
Click here to learn more: https://bit.ly/3Bjs32Y
Network Money BLOG 