It’s digitalised art and assets. Do you still remember guys collecting post stamps or baseball cards. The rare and old ones costs a lot, but how can you transfer them or check the origin?
Well blockchain made it easy. It started with Crypto Punks which now costs a fortune:
Remember this disaster girl meme? Well Zoë Roth now a mature woman whose picture was central to the 2005 Disaster Girl meme, has sold the original photo for $473,000 – the latest addition to the cryptocurrency-linked, digital image NFT craze that is sweeping through the art market.
Centralised exchanges just can not stand so much money flowing into NFT markets and started competing themself.
Binance released there NFT platform https://www.binance.com/en/nft
Crypto.com started dropping their NFT boxes and even partnering with F1. You can buy f1 bolids video wrapped into NFT
The NFT technology is really a ground braking in digital art and ownership, but for today their is so much shitty gifs, fake art and other stuff wrapped and selling for amazing amount of money that it is not sustainable to continue like this for long.
Good projects will survive and it NFT will find their niche in todays internet culture, but most of it will die written in the blockchain forever, but with no attention.
PS: if you want to start easily you can easily can just buy a mystery box from BINANCE. It’s most popular exchange and you do not even need a real blockchain wallet. Just jump in here: