NFT tokens or non-fungible tokens are a solution created to allow us to represent objects with unique, unrepeatable and indivisible qualities within a blockchain.
The possible uses of NFTs are practically endless. Today, many NFTs are used to create games or digital collectibles. This due to their rarity and uniqueness they have a very high value for their owners.
NFTs can really be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art.
Here are the most famous and successful NFTs:
The image of a cat called “Nyan Cat” was sold for $580,000 USD.
Parts of a digital pixel art (pointilling) called “Crypto Punk” was sold for $7.5 million USD.
Twitter CEO Jack Dorsey auctioned his very first tweet “just setting up my twttr” in May 2006 at an online auction, and the price of this tweet has currently reached $2.5 million USD (about 2.8 billion KRW) as of the 16th.