Class Magazine XII GPS I

Page 10

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THE NEW NORMAL - Alan Ajith

WHAT ARE NFTs? A guide to internet art forms

NFTs stand for non-fungible tokens and they're essentially the digital equivalent of trading cards, except only half the effort is required to "make" and "mint" them. To put this in a new light, NFTs can be imagined as the love-child of cryptocurrency and modern art forms. So they're basically more stuff for rich people to waste their money on? Not exactly.

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The age-old "Charlie Bit My Finger" video was recently sold as an NFT


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Class Magazine XII GPS I by Varsha G Nair - Issuu