NFTs — What, How and Why

A Small Correction: In this article I refer to Earth2 as a blockchain technology, however this is not the case. Question 82 on Earth2's FAQ page says using the blockchain is not a decision they have made yet.
When I first heard the term NFT in the news this month, the overwhelming narrative was: “People are selling digital art for millions of dollars! ThAt’S CrAzY!!!”
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