What are NFTs, exactly? Non-fungible tokens explained
A CryptoPunk NFT sold for $1.8 million at Sotheby's first curated NFT sale. Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. I'll be talking about avatar NFT rotations and the future of digital style. Trading NFTs, without needing peer-to-peer platforms, can take significant cuts as compensation. Each NFT acts as a digital signature that makes it impossible for them to be exchanged for or equal to one another. Non-fungible tokens can be purchased on a huge number of NFT marketplaces, including OpenSea, Rarible, and SuperRare. Creating decentralized applications and platforms for the management and creation of non-fungible tokens is still relatively complicated. Blockchain development is fragmented, many developers are working on their own projects. Huntley compared his work to an art project from Pauline Pant