WTF Is an NFT?

When you think of digital media, you probably think of something like a YouTube video or a meme. Something you can access for free, any time you want. But some relatively new technologies are being used to make pieces of digital media sellable, thereby creating a high-stakes market for them. These NFTs—or non-fungible tokens—are the latest internet buzzword, and they’ve raised a lot of questions about how we determine the value of online goods. This week on Gadget Lab, WIRED senior writer Kate Knibbs and WIRED politics writer Gilad Edelman talk to Lauren Goode about the nascent NFT ecosystem and what it's like to sell one of your tweets. Show Notes:  Read Kate’s story about selling her tweet here. Read Gregory Barber’s story about the climate impacts of NFTs here. Steven Levy's newsletter entry about NFTs is here. Read more about NFTs in the art world here. Recommendations:  Kate recommends the novel Klara and the Sun by Kazuo Ishiguro. Gilad recommends the yard game Kubb and also a way to make a quick cucumber infusion. Lauren recommends New Haven pizza. Kate Knibbs can be found on Twitter @Knibbs. Gilad Edelman is @GiladEdelman. Lauren Goode is @LaurenGoode. Michael Calore is @snackfight. Bling the main hotline at @GadgetLab. The show is produced by Boone Ashworth (@booneashworth). Our theme music is by Solar Keys. If you have feedback about the show, or just want to enter to win a $50 gift card, take our brief listener survey here. The advertising in this episode was developed by WIRED Brand Lab, a creative studio from the publisher of WIRED. The WIRED newsroom is not involved in the creation of Brand Lab content.