NFTs: The Digital Asset Revolution

• NFTs (digital assets on the blockchain) have seen a surge in popularity in recent years, with sales growing 18,000% in 12 months.
• NFTs offer a solution to the problem of fake art on the market, as artists can use the blockchains to prove provenance and establish a chain of ownership.
• Ether's value has skyrocketed since the first NFTs were minted, and NFTs are most likely here to stay.
• Minting is the process of creating NFTs, and the first NFT projects were given away for free.
• Cryptopunks and CryptoKitties were the first mainstream NFT projects.
• The NBA league was able to keep going during the COVID-19 pandemic thanks to the sale of NBA Top Shot collectibles.
• NFTs provide a way for meme creators to immortalize their work, such as the Nyan Cat meme.
• The NFT allows collectors to own a piece of meming history.
• The NFT market is set to explode.

Test your knowledge on the rise of NFTs, the blockchain-based digital assets that have surged in popularity. Explore their impact on art, the process of minting, and their potential to revolutionize the collectibles market.