# @athelogroup on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CMkFC69J-ok
- **Gondola URL:** https://gondola.cc/posts/16878718-athelogroup-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/bc12ba7a8e90adf9dee640ca1783dccdfc547492a5e657d3a1e79bb51a755ae0.jpg
- **Posted:** 2021-03-18T14:38:57.000+00:00
- **Account Owner:** Athelo Group (@AtheloGroup) — https://gondola.cc/AtheloGroup

## Caption

What is an NFT? NFTs are non-fungible tokens — meaning you couldn’t exchange one NFT for another — that run on a blockchain network, a digital ledger that records all transactions of cryptocurrencies like bitcoin.

The difference with bitcoin and other tokens, though, is that each NFT is unique and can’t be replicated. Each one accrues value independently. Crypto investors say NFTs derive their value from how scarce they are. They’re stored in digital wallets as collectors’ items. 

These are effectively digital certificates of authenticity that can be attached to digital art or, well, pretty much anything else that comes in digital form — audio files, video clips, articles, animated stickers, this post you’re reading.

It’s allowing content creators to actually own the property rights for what they create, which allows them to profit from it in different ways which they can’t do with physical art. Crypto art is the strongest growing subsection of the digital collectibles market.

#NFT #SportsBiz #Athlete #ContentCreator #CryptoArt #Art #DigitalArt #Blockchain #Crypto #Bitcoin #NonFungibleTokens #CryptoCurrency #CryptoArtist #CryptoNews

## Stats

- **Views:** 0
- **Likes:** 31
- **Shares:** 0
- **Comments:** 1

## Tags

art, sportsbiz, cryptoart, nonfungibletokens, crypto, bitcoin, cryptocurrency, cryptoartist, athlete, cryptonews, nft, digitalart, contentcreator, blockchain

---
Copyright (c) Gondola