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Move over Bitcoin! Move over Ethereum! Move over Litecoin! And move over DogeCoin!! You’ve had your shot! And there’s a new type of crypto in town. Only, this one can’t be traded for actual money. And can’t be spent ANYWHERE! Or on ANYTHING! Hmm …So… what’s the point of it? Oh, quite a bit, it turns out! We are talkin about the latest craze called NFT– which stands for Non-Fungible Token– basically, it’s a digital representation of OWNERSHIP! Confused yet? Hey, don’t worry. We were too. So what are these NFTs used for? Well, digital artist Beeple sold the NFT for his art piece “The First 5,000 days”, for $69 million dollars. Have we gotten your attention yet? Now are you intrigued? Of course you are. But it doesn’t stop there. Not even by a long shot. Today we are looking at all of the insane NFT purchases for art pieces, memes, and even Twitter posts that have sold for millions. Kind of wild to think that something digital could be sold! Especially when you can just right click the picture and download it for free! Well, actually we should clarify… the NFT’s for the digital art are what were sold, and they were sold for millions! We bet now you are thinking about becoming a digital artist, and getting to work at selling off your work’s NFTs! You might just become the next Beeple, and be worth MILLIONS of dollars! Not a bad way to make a living if you ask us!
Written by: Chris Montrose
Narrated by: Chris Montrose
Edited by: AJ Varela
For copyright matters please contact us at: firstname.lastname@example.org
00:43 What in the heck is an NFT
02:31 Beeple’s $69 Million NFT
03:44 Disaster Girl $500,000 NFT
04:48 First Ever Tweet sold for $2.9m
05:41 Grimes sells NFT for $389,000
06:11 Digital art… not made by a human
06:39 Digital art… MADE by a human!
06:59 Logan Paul NFT’s
07:45 Nike’s Blockchain Sneakers??!?”