Making NFTs a Holiday Gift: Crypto, Art, and an NFT Marketplace

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Making NFTs a Holiday Gift: Crypto, Art, and an NFT Marketplace

Posted by MICHAEL TEDDER on Thursday, December 30, 2021 Under: 848FINACE

A former Google scientist is making it easy to give someone a non-fungible token (NFT)..

We have enough sweaters. Nobody wants physical media anymore except for vinyl, and good luck finding that if you’re not an Adele fan. Giving someone an experience like a restaurant gift certificate sounds like a good idea, but have you seen those variant spread numbers?

So like it not, this holiday season you may have no choice but to give your loved ones an NFT.

All jokes aside, the popularity and value of non-fungible tokens have exploded this year. But not everybody has gotten on board, and many people still aren’t quite clear on what NFTs even are.

Give a Unique Digital Gift

NFTs stand for non-fungible tokens, which are digital assets that are one of a kind and can’t be replicated, and are stored on a blockchain, which is a decentralized, shared database.

An NFT can be a piece of music or a film, but at the moment, the excitement on NFTs are about one-of-a-kind pieces of digital art, such as a portrait of Edward Snowden that sold for $5.4 million dollars. Like bitcoin (BTSC) , or like investing in analog artwork, NFTs can go up in value and are becoming a hot item amongst investors.

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