Down the NFT Rabbit Hole (Part 2)

A Closer Look With Stellabelle

Alexandre Lores
Quantum Economics

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THE NFT, by Stellabelle. Owned by Metapurse. Link

Welcome to part two of this four-part series on NFTs. In case you missed the first segment, we featured MASHINΞ.

If you aren’t paying attention to NFTs, you should be. In just the past few days, the following organizations have jumped headfirst into NFTs: Fox Entertainment, CNN, and the NBA’s Philadelphia 76ers.

Do I have your attention now? Good! Let’s cover some basics first.

What are NFTs?

For a deeper dive here is a full explainer on Non-Fungible Tokens or NFTs. They are an exciting new technology, one of the many innovations brought to us by blockchain.

Definition
Non-fungible:
adjective. Not fungible. Meaning not capable of being replaced by another identical item easily; not mutually interchangeable; unique.

This technology embraces many fields: digital art, collectibles, gaming, certifications and personal licenses, domain names, music, fashion, finance and insurance.

But we must give credit where credit is due. The pioneers in NFTs will always be the digital artists.

Join me as I dive into the underground digital art scene and connect with one its leading NFT artists.

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Alexandre Lores
Quantum Economics

Founder of thelatestblock.com. Director of Blockchain Markets Research for Quantum Economics. Writing about all things Bitcoin, crypto, NFTs and fintech