“What do Beeple, LeBron James and Jack Dorsey have in common? NFTs, or Non-Fungible Tokens.
They’re a blockchain-based way to establish the authenticity of a digital asset — a video, a digital artwork, a jpg or any other digital object. In the world of blockchain, data is stored on a public ledger and, for reasons that are very mathematical, is secure from tampering.
The fungible bit, if you’re not a finance geek, might need some explanation.”
Read the full article at: medium.com