What is an NFT & how does it work?

In other words, NFTs are digital assets that offer exclusive ownership to one person. While copying an NFT's digital file is always possible, the NFT itself offers proof of ownership of the asset, which can't be duplicated. This makes it similar to fine art investing.

Are We entering an NFT downturn?

non-fungible tokens, or NFTs, may be slowing after NFT activity grew sharply in 2021 and into the new year. The health of the NFT market is itself a fascinating data project.

Can a NFT be duplicated?

While copying an NFT's digital file is always possible, the NFT itself offers proof of ownership of the asset, which can't be duplicated. This makes it similar to fine art investing. For instance, Van Gogh's Starry Night can only have one owner ( MoMA ), even though the image has hundreds of thousands of reproductions. What are NFTs used for?

Will National Geographic enter the NFT market?

National Geographic will enter the NFT market with a limited time collection from 16 photographers. Check out the Nat Geo Genesis NFT Collection live here. In recent years, a new digital file format has promised to revolutionize how things can be owned, bought, and sold across the internet: the “non-fungible token,” or NFT for short.