This is definitely not your Greek grandmother’s kitchen.


Non-fungible tokens are tiny unique tokens (unlike a non-unique fungible token like a $1 bill) which is verified or “minted” by numerous parties on a blockchain. A blockchain is a decentralized online system that is not governed by any particular group or person, and rather distributed via a digital network which cannot be tampered with. An NFT of an artwork is the underlying technology – the medium of how to present a digital art piece – and it’s important because the NFT shows the work’s uniqueness. You could call it the “fingerprint” of a piece of digital art. The NFT of an artwork can be bought and resold, and every aspect of the sales process and ownership is transparent. NFTs give artists a way of selling their work that is secure – rather than, say, giving a collector the digital artwork on a USB stick with a paper certificate.