If you’ve been reading up on the hype behind NFTs recently and still don’t fully understand them… join the club. Non-fungible tokens, as most people understand them, are akin to digital collectibles: Like art that exists online. And much like art, ownership of the original (or in this case, the image that the NFT exists as) is a mark of status. Why do you own something rare as a collectible? Because it has value. That’s the idea behind NFTs, if you were to make it boiler-plate simple.

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