What is an NFT watch?

An NFT is just a signature of a piece of work that you made. If we think about it in terms of watches, it would be like if you had Kevin O’Leary or one of the head designers at Rolex or Audemars Piguet sign your watch. At A. Lange & Söhne, they do technically sign the watch, so anyone that works there and looks can tell who made it.

What are NFTS & how do they work?

Unlike standard digital files, NFTs can contain tiny computer programs called “smart contracts,” which sometimes can issue royalties to an NFT’s original artist when the NFT is resold. Because NFTs are unique and transferable, they also can function as tickets, membership credentials, or even records for carbon credits.

What is a non-fungible token (NFT)?

Non-fungible tokens (NFTs) burst onto the scene as one such luminous phenomenon, igniting a fervor that resonated across digital landscapes and traditional art galleries alike. In the year 2021, the world watched in awe as prices soared, pixels turned into priceless masterpieces, and tweets became coveted treasures.

How much is the NFT worth?

Cheers and jeers echoed as his $2 million investment took center stage on Twitter. However, the NFT’s value embarked on a wild ride, plummeting by a staggering 95.65% to a current price of $89,000. A digital saga reminding us that even pop icons can’t always predict the pixelated twists of the NFT realm.