A non-fungible token (NFT) is a digital certificate for intellectual property stored on the blockchain. And Nyan Cat, Grimes, and Kings of Leon are all involved. Let us explain.

Another day, another cryptocurrency. Over the past few weeks, stories about NFTs (non-fungible tokens) have crept into the news cycle. Grimes is making $6 million for something no one understands, and Nyan Cat has been…sold? It can seem like everyone knows what an NFT is but you. You probably have questions. We’re here to answer them.

Source: WTF Is an NFT? The Latest Cryptocurrency Craze Explained | PCMag