The Conference.NFT will be held in Kyiv for the first time

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The Conference.NFT will be held in Kyiv for the first time
NFTs or “non-fungible tokens” took the crypto & art market by storm in 2020, raising eyebrows and leaving collectors and investors open-mouthed. NFTs are digital assets built on blockchain that give buyers and sellers proof of ownership for unique properties which can’t be replaced with anything else. It could be a painting such as the Mona Lisa or an exclusive photo of someone, a building or even a car. Anyone can take a photo of them — but the original will always be one of a kind. The ownership of the original item, not a copy nor a screenshot is what makes it really valuable.

Chris Torres, who created Nyan Cat, sold a new GIF of the famous Internet meme for $590,000. Pop star Grimes (Elon Musk’s ex-girlfriend) earned $5.8 million in under 20 minutes selling her NFTs on a popular marketplace. Just imagine, Britney Spears and Madonna’s VMAs onstage kiss in also an NFT now! Legendary sports stars, influencers, even luxury fashion houses like Louis Vuitton, Burberry, Dolce & Gabbana and others are striving to leave their footprint on a bright and shiny NFT scene.

How do these NFTs work and what are they? Who needs them? Are they a bubble or are they here to stay? After the tremendous success of The Conference.NFT (online…