National Film and Television School

Why a JPG file of the Mona Lisa is not an NFT

As recently as a few years ago, most people had never heard of an NFT. This year their trading volume is expected to reach USD 35 billion. This is a rapid development - yet another example of how fast technology can progress in the 21st century. But what exactly is a Non-Fungible Token and why does it create such excitement in the cryptocurrency world?

’Charlie Bit My Finger’ video fetches $760,000 at NFT auction

Another classic piece of internet culture has been auctioned off for a six-figure sum, the latest viral sensation from the 2000s to be eagerly snapped up by digital collectors of "non fungible tokens" or NFTs.

The home video "Charlie Bit My Finger" sold for almost $761,000 on Sunday, the 14th anniversary of its debut.