ally-logo-white-transp
invest

Breaking down NFTs: The digital trend that’s all over the internet

·1 min read

What we'll cover

  • What NFT stands for

  • How NFTs are exchanged

  • How creators use NFTs

Beyond knowing the term NFT (that’s non-fungible token, by the way) exists, how much do you actually know about this digital trend that’s sweeping across your news feed? Maybe you heard from a friend of a friend of a friend who’s an accountant that NFTs are related to the blockchain and cryptocurrency, but there’s a little more to understanding them than that. From SNL sketches to convoluted definitions to long-winded internet musings — a lot of people are attempting to unpack NFTs. So, where do you even begin?

That’s where we can help: We’re stepped in to break down the basics of NFTs — what are NFTs and how are they impacting the investing world? Check out the video below for the lowdown.

Explore more