What exactly are NFTs and why am I hearing so much about them?

Non-fungible tokens are the latest cyber craze sweeping the planet. Do they offer an opportunity to make millions or are they a valueless pyramid scheme? Read on...

Non-fungible tokens or NFTs are cryptographic assets stored on a blockchain with unique identification metadata that distinguish them from each other. Picture: Justin Tallis / AFP via Getty Images

“Don’t miss this drop.” 

“My NFT is about to drop.”