NFTs and the Access Economy
What do people actually pay for
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The simplest way to understand an NFT is unique digital art hosted on the blockchain. It is unique and its value stems from the fact that it can’t be replaced. Bitcoin, the most popular cryptocurrency, is fungible. Bitcoins can be traded for the same thing. There is no difference between any two Bitcoins. NFT, on the other hand, is non-fungible. If you …