Non-fungible tokens (NFT)
The digital art and collectibles industry is currently being dominated by NFTs. Thanks to the huge sales of crypto-audience, digital artists are experiencing a change in their lives. Celebrities are also joining the fray as they see a way to connect with their fans. However, digital art is not the only way to use NFTs. They can be used to signify ownership of any unique asset such as a deed for a physical or digital item.
Andy Warhol would probably have created Campbell’s Soup as a NFT if he had been alive in the late 1990s. It is only a matter time before Kanye West puts a few Yeezys on Ethereum. An NFT might one day prove that you can own your car.