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Explainer: Non-fungible tokens - $50,000 and 3 weeks later


In January and February, there were around $300m in non-fungible token sales, according to Cointelegraph. But for many, NFTs are bewildering in the least. BizNews founder Alec Hogg makes sense of this digital movement with Invest Africa chairman Rob Hersov and Josh Minsk, COO of Momint. Hersov invested $50,000 into the local NFT-backed social media platform. 
Rob Hersov on what a non-fungible token (NFT) is:
Just to be honest with you, a month ago, I didn’t know what an NFT was. So, if anyone listening to this hasn’t heard of an NFT, don’t feel bad – but make sure you learn what it is so you can tell other people because it’s pretty cool and it’s happening. I got a call from three young guys – one of whom was going to come on the call right now – and he basically said, “we’ve got to talk to you.” By the end of that day, my brain had opened. ....

Cape Town , Western Cape , South Africa , Belarus General , Alec Hogg , Rob Hersov , Ideas Cartel , Invest Africa , Josh Minsk , Brian Habana , கேப் நகரம் , மேற்கு கேப் , பெலாரஸ் ஜநரல் , அலெக் ஹாக் , யோசனைகள் கார்டெல் , பிரையன் ஹபனா ,