What do you need to know about NFTS?

Here’s what you need to know about NFTs. What is an NFT? NFT stands for non-fungible token. They're are a type of crypto asset, meaning they are digital assets rather than physical. Also, while they can hold monetary value like any other asset, they are not considered a cryptocurrency. Non-fungible refers to the fact that each NFT is unique.

Is the NHL launching an NFT program?

By David Pierce, editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Pretty soon, you’ll be able to own digital collectibles of your favorite hockey moments. Hockey-loving HODLers, rejoice: the NHL is launching an NFT program.

What is a community NFT?

Those are what are known as community or pfp (profile picture) NFTs. Basically, they’re a series of unique but thematically related NFTs, released in limited batches. Once they’re released or “minted,” these NFTs become a kind of digital collectible, and a membership card to an exclusive club.

What are art NFTS & gaming NFTS?

Art NFTs are tokenized versions of digital art. They can be digital paintings, digital photographs, 3D digital sculptures or any other visual digital creation. Gaming NFTs represent specific elements within blockchain-based video games. Players can unlock virtual goods and collectibles, in-game items and skins, and more.