NFTs Explained.br An NFT created by digital artist Beeple recently br took in more than $69 million at the br centuries-old auction house, Christie's.br The amount shatters records for the sale of digital art br and is an indicator of the direction in which br all fine art could be headed.br But what is an NFT? .br The letters stand for non-fungible token, which br basically means that the "token" cannot be replaced br by something else because of its uniqueness.br NFTs can take any digital form, br but what is making headlines br now are digital art NFTs.br Because they are designed to be unique br and not able to be copied, owning br an NFT is like owning an original Picasso.br Prints of Picasso paintings are inexpensive and easy br to get, but only one person can own the original, br which can sell for tens of millions of dollars.br An NFT creator will always be credited br and receive payment for the buying br and selling of their digital work...br ...