SNL's Take On NFTs

Written by Barry Investment Advisors | Mar 31, 2021 2:32:23 PM

NFTs, or Non-Fungible Tokens, have gotten a lot of attention in recent weeks. In essence, this technology allows for digital assets (like art, Tweets, or video clips) to be sold, and the owner readily identified using blockchain technology. And this isn't just something happening in Silicon Valley or other tech-centric parts of the country: The New York Times recently sold the rights to one of their articles using an NFT at a price tag of $560,000. In this fun clip from Saturday Night Live, they provide their own take on the frenzy around NFTs.