What Is Cryptocurrency? The History of Bitcoin, NFTs, and more

NFT of Twitter CEO Jack Dorsey

It’s akin to the blockchain, which underpins Bitcoin. As a result, NFTs are a type of digital asset whose ownership is documented on a blockchain. The underlying concept of NFT art is agreed-upon value and ownership; while anyone can view, download, print, and hang a piece of digital art, only a select few can actually own it. To be precise, Ethereum’s blockchain. Enforced scarcity is used to keep all of the parts in place.

Twitter is a social media platform that allows Jack Dorsey donated the proceeds from the sale of his first tweet as an NFT to charity.

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