NFT Basics

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ValueWalk

If you follow the news on cryptocurrency you’ve likely heard about the hottest new craze – NFTs (Non Fungible Tokens). Headlines touting multi-million dollar sales at Christie’s and the exploding value of CryptoPunks (a specific NFT collection popular with celebrities) catch the attention of the public and are driving massive interest into this formerly niche technology. This article is a very entry level brief on NFTs as a technology and relevant applications. Q2 2021 hedge fund letters, conferences and more Fungible vs Non FungibleIn order to understand what’s happening with the wild valuati…

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