Feb 22, 2021 • 25M

What is a NFT? It makes a piece of the internet ownable

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Scott Kitun is joined by a rotating cast of tech and media personalities to break down the latest in startupland.
Episode details

Emergency podcast with CoinDesk's managing editor Zack Seward back on the show to dig in on just what the heck a NFT is, why is it so popular all of a sudden and what's the broader use case for them? These non-fungible tokens are a special token that is what Zack says makes a piece of the internet ownable. Protected by blockchain, a lot of NFTs that have gone popular like the Nyan cat and Zion Williamson's highlight clip are considered digital art being sold for the equivalent of tens of thousands and hundreds of thousands of US dollars. Zack also chats what's good at CoinDesk, the explosion of laser eyes in profile pics and pining for the day transacting with cryptocurrencies becomes far more accessible for the average person.