What is an NFT?

14th March 2022

The popularity of NFTs, blockchain and cryptocurrencies continues to grow, with these terms being used more and more, making their way into boardroom discussions and professional conversations, but what do they actually mean? And how can they benefit you, your work or your company?

In the second video in our series, Luke Jackson, Senior Associate in the Technology & Digital Group, explains what is an NFT, how an NFT works and the benefits of using the technology. If you aren’t sure on terms such as non-fungible token, digital asset and blockchain technology, then this video is for you.

Want to learn more from our Technology & Digital experts and be the first to receive important updates, developments and events from the team? Then sign up for our newsletter, the Technology & Digital round-up here.

This video forms part of our #WMTechTalk, a series of content tackling some of the crucial tech and legal issues our clients encounter in relation to the development, implementation and operation of technically innovative services and products.

For more information, please speak to NFT and blockchain experts, Luke Jackson or Sally Mewies.

More from Walker Morris

• What is a blockchain? In the first video of the series, Luke Jackson explains what blockchain actually is, the associated benefits and its role with NFTs.
• Want to know the most recent developments from the team? Check out our latest round-up covering recent advertising standards activity, electronic execution of documents, smart contracts, crypto scams, and much more.
• Specialists from our Technology & Digital Group recently gave a flavour of developments to look out for in 2022.  Read “What to look out for in 2022” and learn about key developments in smart contracts and NFTs, data protection and e-privacy reform, increased scrutiny of Big Tech, the digital supply chain, and much more.