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BONUS EPISODE: The Complete Guide to NFT in Independent Film (and How to Make Money)
So today we are going to go down the rabbit hole of NFTs. What the heck is an NFT. It is a Non Fungible Token. Basically, an NFT is a completely original digital file or a digital collectable which is registered on a blockchain ledger just like any cryptocurrency. But unlike cryptocurrency, like Bitcoin or Ethereum, an NFT is totally unique and because it lives on the blockchain it verifies who is the rightful owner of this one-of-a-kind digital collectable file.
In February 2021, digital artist Peebles sold a digital artwork for $69.3 million at auction. You heard correctly almost $70…
The skinny
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