One of the current emerging technologies, the blockchain, has been making tremendous waves in the collector community for their novel use case as NFTs. You may wonder, what are NFTs?
NFTs or Non-fungible tokens are a store of data on a digital ledger, the blockchain. Each entry on this ledger is unique and acts as a signature of sorts to verify its authenticity. By nature, NFTs are not interchangeable and are unique to the data they were created from.
This data can take many forms, often being used for visual artwork, even including gifs and tweets. One of the more interesting applications of NFTs are as iNFTs or intelligent NFTs.
, a collaborator of Resemble AI, recently created and auctioned the world’s first intelligent NFT, through a bidding war at Sotheby’s
. This iNFT, named Alice, sold for a ground breaking $478,800!