Home Social and Digital Media + Technology NFTs: What they are and why you should care

NFTs: What they are and why you should care

by The 100 Companies

Over the past year, you’ve probably heard the extreme buzz surrounding NFTs – a popular way to buy and sell digital assets.

An NFT, or non-fungible token, is an Ethereum-based asset that can prove ownership of items such as art, collectibles and even real estate. These tokens are secured by the Ethereum blockchain and can only be owned by one person at a time.

It may or may not be a good idea to hop on board, but nevertheless, NFTs are emerging as prominent elements of an increasingly digital-based currency. You can read about the key benefits of NFTs here.

– Trey Adams, The Pittsburgh 100

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