The band Kings of Leon sold its latest album via NFTs and made more than $2 million from the sales.
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There’s a new way to spend your money — or potentially earn big bucks — that’s outstripped cryptocurrency in hype and popularity: nonfungible tokens. NFTs are a new kind of collectible. But unlike a Pokemon card, a comic book or a traditional artwork such as a painting, they’re entirely digital, tied to things like a video highlight, a meme or even a tweet.
If you think this doesn’t make much sense, well you’re not alone.
Source CNET Tech
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