NFT Phenomenon
The Non-fungible token phenomenon or known as NFT is currently popular in Indonesian society after a young man named Ghozali, one of the NFT account owners, sold his selfie photo and made a profit of 1.7 million. What exactly is an NFT? NFT is a digital asset that can be used to trade artwork, images, videos, music, games, and so on. Purchasing digital assets through NFTs is done using digital money or what is called cryptocurrency. This NFT has been integrated with a system that is not easy to hack and can record all transaction information. This system is called a digital ledger or Blockchain technology. Blokchain is a type of distributed technology which can track asset ownership, record content data in the form of images and videos created by creators, and sales history very accurately. Nowadays, NFTs are not only used for buying and selling things, but can also be used for auctions, including artworks. An auction is a buyin...
