Forbes contributors publish independent expert analyses and insights. Non-fungible tokens have transformed the art world, offering artists innovative ways to create, sell and profit from their digital ...

You might not know how they work, but there’s a good chance you’ve heard about non-fungible tokens or NFTs. They became extremely popular in 2021 when a digital artist named Beeple sold one online for ...

These tokens are considered non-fungible because you cannot exchange one NFT for another identical one. For instance, if you have one bitcoin, you can exchange it for another bitcoin and still have ...