What is an NFT?When I answer this question, I take a deep breath and launch into a technical explanation of cryptocurrency, blockchain protocols, and the range of cryptoart assets often attached to these non-fungible tokens. Inevitably, the poor soul who posed the inquiry gets lost in its circuitous lexicon. So is it like bitcoin? What does the token look like? How do you mine for one?At that juncture, I delve into more details and may even recommend some in-depth articles for the increasingly bewildered listener.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.
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