
509. Are N.F.T.s All Scams?
Freakonomics Radio
00:00
The Evolution of Blockchain and NFTs
This chapter explores the development of blockchain technology, focusing on non-fungible tokens (NFTs) and their recent market volatility. It contrasts the unique nature of NFTs with traditional cryptocurrencies while discussing Ethereum's innovative features like smart contracts that enable programmable transactions. Practical applications and the shifting perceptions of NFTs are examined, emphasizing their potential in ownership tracking and simplifying sales in sectors like digital art and ticketing.
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