café con crypto
what is an NFT?
NFT = non-fungible token
cryptographic assets (like digital art, gifs, tweets, music, videos, and more) on blockchain with unique identification codes and metadata that distinguish them from each other. source: investopedia.com
unlike cryptocurrencies (or fiat currency, like the US dollar), they cannot be traded or exchanged at equivalency.
you must purchase ETH with your fiat currency on an e-wallet in order to bid or buy an NFT.
for more on NFTs click HERE.
for how to bid on café con crypto click HERE.
for our episode 012. non-fungible talent: gabriel guerra bianchini on cuba & NFTs, we spoke with one of cuba's first NFT artists, gabriel guerra bianchini.
as one of the first artists to sell an NFT from cuba, gabriel has been using his ETH (crypto) to help pay the gas (the fee to list a piece for sale/auction) for other cuban artists - helping more and more folks mint (list for sale/auction) for their work!
we have joined him in creating an NFT, where a large portion of the proceeds will be used for the same purpose - to help artists on the island mint.