What is a non-fungible token – and why are some digital artworks selling for millions? |

What is a non-fungible token – and why are some digital artworks selling for millions? |

“I know you can be underwhelmed and you can be overwhelmed, but can you ever just be whelmed?”

So Chastity asks Bianca in the excellent 1999 comedy 10 Things I Hate About You, and pretty much sums up my feelings the first time I Googled the words “non-fungible token”. Overwhelmed, in this case, because what is non-fungible? And also: can there ever just be fungible?

Turns out, yes there can. Cue tech experts (oh, and economics and language experts, and probably anyone under the age of 25) calling me stupid here, but I am definitely not…

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What is a non-fungible token - and why are some digital artworks selling for millions? |

 

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