Auction ends Thursday, November 4th at 7:30 PM Central
Fantastic selection of NFT's from hot contemporary artists - All items sell at no reserve. Don't miss your chance to get in on what is still the ground floor of the NFT space. ********** NFT stands for non-fungible token. Simply put, it is a digital token that exists on the blockchain to record proof of ownership for the person holding it. Each token is completely unique because it has its own unique metadata which can NEVER be replicated or replaced for another. An example to better understand this is: bitcoin is a fungible token, and each bitcoin has the same value. However, imagine you’re trading NFT collectibles such as Crypto Punks. One Crypto Punk NFT will have completely different traits and value to another. A real-life example of this would be: A dollar is a dollar. It is fungible. A plane ticket on the other hand, is non-fungible. Each plane ticket has different information and characteristics and can’t be swapped with another. NFTs can be anything digital. Literally anything can be tokenized, including a photograph which is special to you, one of your tweets, or a two second video of yourself (yes, there are such NFTs). This is a developing market that is already seeing billions of dollars trade hands and many people are purchasing NFT's then they are subsequently resold many times for increasing profits.