Struggling to get your head around NFTs? So is the rest of the world

in hive-116221 •  4 years ago 

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If the phrase "non-fungible token" doesn't make you burst out laughing, I question whether you are fully human. Fungible! It sounds like a naughty double entendre that James Joyce might have thought up late one night and slipped into Finnegans Wake.

But the news that a digital artwork that is also a non-fungible token (or NFT) was sold earlier this month by the venerable Christie's art auction house for more than $69 million (€58 million) is definitely more Flann O'Brien territory.


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