PODCAST: WHAT YOU NEED TO KNOW ABOUT NON-FUNGIBLE TOKENS (NFTS)

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Sat 23 October 2021:

When you think of digital media, you probably think of something like a YouTube video or a meme. Something you can access for free, any time you want. But some relatively new technologies are being used to make pieces of digital media sellable, thereby creating a high-stakes market for them. These NFTs—or non-fungible tokens—are the latest internet buzzword, and they’ve raised a lot of questions about how we determine the value of online goods.

This week on Gadget Lab, WIRED senior writer Kate Knibbs and WIRED politics writer Gilad Edelman talk to Lauren Goode about the nascent NFT ecosystem and what it’s like to sell one of your tweets.

Show Notes:

Read Kate’s story about selling her tweet here. Read Gregory Barber’s story about the climate impacts of NFTs here. Steven Levy’s newsletter entry about NFTs is here. Read more about NFTs in the art world here.

 

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