What is NFT & how does it work?

In many NFT sales, what the buyer gets is simply the unique entry in the blockchain database that identifies them as the owner of the digital good — the token, rather than the thing the token represents.

Why are NFTS so volatile?

Because NFTs are often bought and sold with cryptocurrencies, volatility there can bleed over into non-fungible tokens.

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.

Who can view NFTS?

While anyone can view the NFT, only the buyer has the status of being the official owner – a kind of digital bragging rights. Buying an NFT of an image or video does not normally mean the buyer gets the copyright of the underlying item. WHAT KIND OF NFTS EXIST?