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#290 Web3 with Laura Kalbag

UX Podcast

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What's the Difference Between a Coin and a Token?

Nft is a type of currency, but it's like a coin whos er, like just one coin, one tokens. The idea behind it was that people attach things work to these tokens. And then maybe artists could use it in order to make money from their art work. But the problem is that with an nft, very rarely is the art work. You don't actually own the artwork. You just own a coin equivalent of the art work and what f t gives you is really just a yoral. For as many tweets that you see promoting various nfts, you will see the ones saying, oh, this, sir, account has been hacked. This market place

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