What Is a Non-Fungible Token?

Remember Nyan Cat? The pixelated cat with a Pop-Tart for a body that grooved through space while shooting a rainbow out its backside? Of course you do. The artist who originally made the Nyan Cat GIF recently sold it for $600,000. Additionally, American artist Beeple just sold an NFT called “The First 5000 Days” via the prestigious British auction house …

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