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What are NFTs?

**NFTs (non-fungible tokens) are BASICALLY deeds/certificates of ownership for digital ART(IFACTS).**\\xa0

You can be the owner of a one-of-a-kind piece of art like a .jpg, .png, .gif, movie file (think of owning the unpublished footage of a NBA 3-pointer), music file, blog... It\\u2019s original art auctioning, but make it digital.\\xa0

This is a huge moment for artists everywhere, even if the million-dollar CRAZE is temporary. Now, you don\\u2019t have to be a sculptor or oil painter to be given a voice at the \\u201cfine art price tag\\u201d table!\\xa0

AND!!? This kind of technology isn\\u2019t going anywhere! Have a listen to our episode, where we break it down. Even if you know what NFTs are, we imagine the future use-cases in an increasingly digital world.\\xa0

Kings of Leon, Jesus-shaped Cheetos, Smart Contracts, thwarting concert tix scalpers, \\u201cCrypto Kitties\\u201d vs Tamogatchis, the underground trading world of Rare Kool-Aid packets\\u2026they all have a place in this podcast.

Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com.\\xa0
Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome.\\xa0

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01:33 - Privilege
06:45 - Sponsor Shout Out!
08:03 - Diving in to NFTs: Definition, What is Ethereum and how does it facilitate a "smart contract," what is "decentralized finance" (DeFi)
12:00 - BUT WHAT IS A SMART CONTRACT
14:35 - Pause and Review**SKIPTOHERE if you want to miss nerdy stuff.*
16:50 - Okay: "An NFT is a deed of ownership to digital art."
22:40 - The Future of NFTs (or, get these artists PAID)
29:08 - cool announcement ;)

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Resources:\\xa0

• Article - NFTs, Explained
• Podcast - Waveform: NFTs Explained with Justin Maller
• Podcast - Sixteen Minutes: When Christie's Meets Crypto\\u2014The NFT Moment
• Awesome Deep Dive Article! - NFTs Explain It Like I'm Five
• Cheetos on Ebay
• Rare Kool-Aid Flavors
• Crypto Kitties - "Collect and Breed Furrever Friends!" (Terrifying.)

Sponsors:

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