What do Amitabh Bachchan and Sunny Leone have in common? Celebrity apart, they are both profiting off NFTs. While Big B is expected to launch his NFT collection in November, Sunny Leone has launched one already. The answer to the question you’re asking—What’s an NFT, anyway?—is simple and also complex.
An NFT (non-fungible token) is a digital asset. Examples include art, music, memes, video games, and so on. NFTs are bought and sold digitally through platforms like OpenSea, Foundation and WazirX, to name a few. You cannot buy an NFT in everyday currency like rupees or dollars. Every time an NFT is sold, its creator gets paid in cryptocurrency. But unlike cryptocurrencies like Bitcoin that have the same value overall, each NFT represents a unique value. Put simply, if you were to exchange bitcoin with someone else, you can do it easily as they are all replicas of each other, but the same, of course, can’t apply to NFTs.
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Denne historien er fra October 18, 2021-utgaven av India Today.
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Shuttle Star
Ashwini Ponnappa was the only Indian to compete in the inaugural edition of BDMNTN-XL, a new international badminton tourney with a new format, held in Indonesia
There's No Planet B
All Living Things-Environmental Film Festival (ALT EFF) returns with 72 films to be screened across multiple locations from Nov. 22 to Dec. 8
AMPED UP AND UNPLUGGED
THE MAHINDRA INDEPENDENCE ROCK FESTIVAL PROMISES AN INTERESTING LINE-UP OF OLD AND NEW ACTS, CEMENTING ITS REPUTATION AS THE 'WOODSTOCK OF INDIA'
A Musical Marriage
Faezeh Jalali has returned to the Prithvi Theatre Festival with Runaway Brides, a hilarious musical about Indian weddings
THE PRICE OF FREEDOM
Nikhil Advani’s adaptation of Freedom at Midnight details our tumultuous transition to an independent nation
Family Saga
RAMONA SEN's The Lady on the Horse doesn't lose its pace while narrating the story of five generations of a family in Calcutta
THE ETERNAL MOTHER
Prayaag Akbar's new novel delves into the complexities of contemporary India
TURNING A NEW LEAF
Since the turn of the century, we have lost hundreds of thousands of trees. Many had stood for centuries, weathering storms, wars, droughts and famines.
INDIA'S BEATING GREEN HEART
Ramachandra Guha's new book-Speaking with Nature-is a chronicle of homegrown environmentalism that speaks to the world
A NEW LEASE FOR OLD FILMS
NOSTALGIA AND CURIOSITY BRING AUDIENCES BACK TO THE THEATRES TO REVISIT MOVIES OF THE YESTERYEARS
