I Learned From That

Commonly referred to as an NFT, the long name non-fungible token, is becoming an increasingly popular topic amongst artists, sellers and buyers of art. An NFT is a digital file and is unique. NFT's operate on a blockchain based platform such as Ethereum, but unlike crypto currency they are not interchangeable. I am not an expert, but I do have some knowledge. Here's my take. What is the charm about NFT's? I suppose when one sells for $91 million (Pak's "The Merge") it becomes appealing to artists and buyers alike. However, the majority of NFT's sell for around $200. This is the median price, meaning half sold for more than $200 and half sold for less than $200. So let's face reality, we are not all Jack Dorsey (founder of Twitter) and will not sell our first tweet for $2.9 million dollars. Sorry to rain on your parade.  OpenSea seems to be a popular site to sell and purchase NFT's, but there are others. There is currently a $50 registration fee, an