NFTs setting off revolution in the world of collectibles

New York (AFP) – The technology is behind a piece of digital art auctioned for $69.3 million on Thursday and the sale of Jack Dorsey’s first tweet — so-called NFTs have set off a revolution in collectables. What is an NFT, and why are they causing such a stir? What is an ‘NFT’ ?A non-fungible token (NFT) is a digital object that can be a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. This authentication by a network of computers is considered inviolable.  The virtual object, which is actually a computer file, can be exc…

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