NFTs (Non-Fungible Tokens) have exploded in popularity over the past several months.\nWith major brands getting involved - from Nike and the NBA to Taco Bell and Coca-Cola - many people are placing big bets that NFTs aren\u2019t just another flash in the pan.\nAnd even though the first wave of NFTs have primarily revolved around ownership of digital art, the possibilities for future use cases of NFTs go far beyond mere jpeg ownership.\nIn this episode, you\u2019ll get a high-level view of the relationship between NFTs and the underlying blockchain technology, what makes an NFT project truly valuable, and some tips for getting involved in the space.\n\nSHOW NOTES:\n00:00 | Introduction\n00:24 | The Relationship Between NFTs, Web3, & the Blockchain\n09:29 | Tom\u2019s \u201cHard Sell\u201d on NFTs\n20:11 | How to Get Started Creating an NFT\n27:44 | Will There Be An NFT Crash?\n32:21 | Connecting NFTs to Physical Goods\n\nCheck out these offers from our sponsors:\nCoinbase: coinbase.com/impact\nButcherBox: Sign up at ButcherBox.com/impact \nAthletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! \nBlinkist: Go to https://blinkist.com/impact Try it FREE for 7 days and save 25% off your new subscription. \n\nAre You Ready for EXTRA Impact?\nIf you\u2019re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.\nWant to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.\xa0\nThis is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.\nSubscription Benefits:\n\nUnlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more\n\nNew episodes delivered ad-free\n\nExclusive access to Tom\u2019s AMAs, keynote speeches, and suggestions from his personal reading list\n\nYou\u2019ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:\n\n\nLegendary Mindset: Mindset & Self-Improvement\n\n\nMoney Mindset: Business & Finance\n\n\nRelationship Theory: Relationships\n\n\nHealth Theory: Mental & Physical Health\n\n\nPower Ups: Weekly Doses of Short Motivational Quotes\xa0\n\nSubscribe on Apple Podcasts: https://apple.co/3PCvJaz\nSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices