If you’re anything like me, the terms non-fungible token, cryptocurrency, and blockchain make your eyes glaze over, as each one becomes more elusive than the last. Surely, this world-sweeping, cutting-edge form of trade is not so byzantine as its jargon indicates, seeing that so many amateur investors have already benefited so greatly from its power?

In layman’s terms, a non-fungible token (NFT) is a digital asset much like Bitcoin or other forms of cryptocurrency that indicates a certain address on a certified blockchain, an ever-growing digital receipt detailing the object’s transaction history. However, unlike a US dollar or Bitcoin, which…

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