4min chapter

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NFT Virtual Summit (full audio)

a16z Live

CHAPTER

What Characteristics Make a Good Nft?

An nft is a form of digital currency that can be tokenized. It's used to pay for things like tickets, domain names and even your twitter handle one day. With an nft it sort of plugs into existing crypto infrastructures such as ticketing or fteas. An ft doesn't require any specific company or sinecure in order to get some degree of liquidity. So if you imagine taking a loan out on an ft, you can go and sell it on the open sea.

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