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SOME SENTENCES COULD only be written in 2022. Sentences like this: in January, art gallery owner Todd Kramer had his online collection of links to online monkey pictures stolen, costing him about $2.3 million. “All my apes gone,” he posted on Twitter, bereft. Welcome to NFTs.
WHAT ON EARTH IS AN NFT?
NFT stands for “non–fungible token”. A token represents something else, so for example a bank note is a token; it isn’t actually money, and in theory at least, you could go to your bank with all your bank notes and demand the bank change them for the gold they represent. An NFT is like that, but instead of a physical thing, it’s a digital note that