Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January
Non-fungible tokens have been swept up in the cryptocurrency crash as sales reached a 12-month low in June.
NFTs confer ownership of a unique digital item – often a piece of virtual art – upon someone, even if that item can be easily copied. Ownership is recorded on a digital, decentralised ledger known as a blockchain.
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Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January
Non-fungible tokens have been swept up in the cryptocurrency crash as sales reached a 12-month low in June.
NFTs confer ownership of a unique digital item – often a piece of virtual art – upon someone, even if that item can be easily copied. Ownership is recorded on a digital, decentralised ledger known as a blockchain. Continue reading…Technology | The Guardian