Archive: non-fungible tokens

Instagram Embraces NFTs

By Vin Narayanan on April 15, 2022

NFTs (non-fungible tokens) are having a moment.  These tokens typically represent some sort of collectible — often a digital collectible. But NFTs can also be used to represent wine, sneakers and other physical goods. Like bitcoin, NFTs are based on blockchain technology. Each NFT is unique (that’s the non-fungible part). And each NFT is verifiable. Take an NFT of a baseball card, for example. Say only three NFTs/baseball cards for a particular…

The Dark Side of NFTs

By Adam Sharp on September 17, 2021

A few weeks ago, I wrote a piece about how NFTs (non-fungible tokens) are the perfect viral asset. NFTs have a lot of interesting characteristics. They’re speculative, subjectively valued and community-based. You could say they’re the perfect viral asset.