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NFT Madness !

Catch up with the latest tech craze.

Keno Leon
11 min readOct 31, 2021

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Besides being a coder/tech writer I am also a part time artist/designer and enjoy both making a good sketch or painting and writing some music, I’ve tried many times to make some money of my art, it has always ended in tears and so I’ve mostly given up on it ( the making money part, the art is alive and well ). NFTs have become a craze which I completely missed/ruled out and so I owe it to myself to check them out, let’s see what goes into making one and what you get out of them, I invite you to come along…

👋👋 Hi there 👋👋 all my content is free for Medium subscribers, if you are already a subscriber I wanted to say thank you ! 🎉 If not and you are considering subscribing, you can use my membership referral link, you will be supporting this and other high quality content, Thank you !⭐️⭐ Subscribe to Medium ! ⭐️⭐️⚠️ I am writing this both from an artists perspective and also from a tech writer/blockchain developer one, so when I say make one I am talking both about the big picture solidity/blockchain developer code and just using it if you are an artist, for the tech minded I'll try my best to summarize their use, impact and utility, but first we need to untangle some concepts...

Basic Definitions:

Fungible : being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account.

NFT’s stand for Non Fungible Tokens, so let’s start by dissecting this mouthful from the inverse definition… Fungible ( fungibility ) in this case means that you can exchange something for something else of it’s kind without any issues, the most common example is money, let’s say you bought something and your change is 2 dollars, for all practical purposes the value/utility is the same if you receive coins or paper notes. You can use either to buy your next thing without issues* Blockchain tokens ( more on tokens later ) have the same quality and are even more fungible since there’s usually no serial numbers on the currency itself, all ETH,BTC, DOGE etc, etc once created are equal.

* As a former economist I don't fully agree with money being entirely fungible…

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Keno Leon
Keno Leon

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