What Is an NFT?

NFTs (or “non-fungible tokens”) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the same amount. Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings, and virtual real estate or pets. To read the rest of this article posted by Coinbase, click here. In this revelatory talk, Founder and CEO of Foundation Labs, Kayvon Tehranian explores why NFTs - digital assets that represent a certificate of ownership on the internet - are a technological breakthrough.

Learn how NFTs are putting power and economic control back into the hands of digital creators - and pushing forward the internet's next evolution.