What exactly are NFT’s?
As Africa moves towards digital transformation, new technologies like crypto currency and NFTs are emerging, and the adoption across the continent is on the rise. Between July 2020 and June 2021, Africa had the fastest cryptocurrency adoption rate in the world at 1200 per cent. Furthermore, Nigerians were ranked 6th largest adopter of NFTs by Finder.
But what exactly are these Non-Fungible tokens and how do they work?