Have you ever just taken a look at how far we have come and developed as a society. There have been so many changes and ways of life that slowly changed. For example, there are so many different ways to make money now unlike before because now there is so much social media where people use it as a job or people who invest in the stock market as a job. Now there are NFT where people draw digital art of something and sell them to people who think they want to invest in it.  

 

NFT stands for nonfungible token and the term fungible means exchanging something of the same kind such as a dollar bill or coins. Things that are non fungible can be things such as a car or a house someone exclusively owns because of their unique characteristics. “If it helps, you can think of NFTs as like the certificate of authenticity you might get if you bought an expensive sculpture. This basically means you have a claim of ownership, where you are considered the original owner and copy. There are people who can copy the file, but they do not have a certificate saying that it is authentic to them. It is the same as a robber breaking into someone’s house and stealing it, but you have a certificate claiming that you are the original owner.