Justin Bieber buys an NFT for $1.29M
What is an NFT? An NFT, which stands for a non-fungible token, is a unique unit of data employing technology that allows digital content—from videos to songs to images—to become logged and authenticated on cryptocurrency blockchains, primarily Ethereum. ...
The main impact of NFTs is making it easy to own and sell digital content.
Related: Tim Hortons Restocking Justin Bieber's Merchandise...
So now that we’re totally confused!
Justin Bieber has bought an NFT for $1.29 million. JB purchased a Bored Ape Yacht Club NFT – which features a cartoon ape in a black T-shirt – and has posted a photo of his new acquisition on social media.
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