NFT stands for non-fungible tokens, which are built on blockchain technology. Whereas a fungible commodity is replaceable by another identical item, non-fungible items are unique and have no identical substitutes.
One of the biggest appeals of NFTs is that anyone can create one. All that’s needed is a digital wallet, a small purchase of Ethereum, and a connection to an NFT marketplace where you’ll be able to upload and turn content into an NFTs or crypto.
This card featured James’ dunk that emulated former Los Angeles Lakers star Kobe Bryant’s reverse windmill dunk years earlier, which James threw down less than a month after Bryant, his daughter and seven others were killed in a helicopter crash. The NFT, according to USA Today, sold for $387,600 through Heritage Auctions, a record.