The ABCs of NFTs: A Guide to Non-Fungible Tokens, the Cryptomedia Trend Bringing Ownership to the Internet

Like a digital collectible, an NFT draws its value from its cultural cachet

the mona lisa
NFT popularity skyrocketed in February. Animation: Trent Joaquin; Source: Martin Bureau/Getty Images

In recent months, non-fungible tokens (NFTs) have skyrocketed in popularity, leading a digital flower to sell for $20,000, a looping video clip for $26,128, a sock for $60,000 and a LeBron James clip for $99,999. 

@markstenberg3 mark.stenberg@adweek.com Mark Stenberg is Adweek's media reporter.