Non-fungible tokens (NFT's), are known as the trading cards or collectible items of the blockchain world.
Each NFT is tied to a unique blockchain, which represents a unique digital item.
Those digital items can be things like digital art, video, or audio.
NFT's are supported by Ethereum, which a cryptocurrency like Bitcoin.
The NBA recently launched an NFT product called "Top Shot," so far it has generated $230 million in sales.
Top Shot works as a trading card system and includes items like NBA highlights and artwork. People can buy these digital collectible items as NFT's.
According to CNBC, the NBA also plans to roll out a mobile game that uses their NFT's. The idea will be people can stack up their Top Shot NBA highlights, or NFT's, against each other in tournaments.
Results:
88% - No
6% - Yes
6% - Don't Know
We're following this survey throughout the day and into tomorrow. Tune in to News5 at 4 p.m. as we review the results!
Editor's note: This survey is not based on scientific, representative samples and is solely for KOAA purposes.
___
KOAA News5 on your time, streaming on your Roku, FireTV, AppleTV and AndroidTV.
News5 App | First Alert 5 Weather App | Youtube | Facebook | Instagram | Twitter