Non-fungible tokens (NFTs), the buzziest segment of the cryptocurrency universe, made it to Saturday Night Live yesterday in an explainer skit featuring Kate McKinnon as U.S. Treasury Secretary Janet Yellen.
- While the skit clearly shows how NFTs have captured the public's imagination as stars like the NFL's Patrick Mahomes, Rob Gronkowski and others have created and sold the tokens, sometimes for staggering amounts, it also could be a sign of a market top, or simply the approach of one of the four horsemen. Still, there's no doubt NFTs have gone mainstream.
- If after viewing SNL's explainer, you find yourself wanting to know even more about the latest crypto craze, feel free to check out a few of the many articles CoinDesk has written on the topic:
What Are NFTs and How Do They Work?
It’s an NFT Boom. Do You Know Where Your Digital Art Lives?
How to Create, Buy and Sell NFTs
How NFTs Became Art, and Everything Became an NFT
Why the NFT Frenzy Won’t Drive Up Prices for Bitcoin Just Yet
- Or the following videos from CoinDesk TV:
- I think I hear hoofbeats.
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