NFTs (Non-Fungible Tokens) have exploded in popularity over the past several months.With major brands getting involved - from Nike and the NBA to Taco Bell and Coca-Cola - many people are placing big bets that NFTs aren’t just another flash in the pan.And even though the first wave of NFTs have primarily revolved around ownership of digital art, the possibilities for future use cases of NFTs go far beyond mere jpeg ownership.In this episode, you’ll get a high-level view of the relationship between NFTs and the underlying blockchain technology, what makes an NFT project truly valuable, and some tips for getting involved in the space.SHOW NOTES:00:00 | Introduction00:24 | The Relationship Between NFTs, Web3, & the Blockchain09:29 | Tom’s “Hard Sell” on NFTs20:11 | How to Get Started Creating an NFT27:44 | Will There Be An NFT Crash?32:21 | Connecting NFTs to Physical GoodsCheck out these offers from our sponsors:Coinbase: coinbase.com/impactButcherBox: Sign up at ButcherBox.com/impact Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! Blinkist: Go to https://blinkist.com/impact Try it FREE for 7 days and save 25% off your new subscription. Are You Ready for EXTRA Impact?If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: https://apple.co/3PCvJazSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices