Reaction as Sunak orders Royal Mint to jump on NFT bandwagon

• Rishi Sunak has attracted ridicule after the Royal Mint announced it had been tasked with creating its own NFT. Non-fungible tokens are a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded.
• Types of NFT data units may be associated with digital files such as photos, videos, and audio.
• The move was soon criticised as a gimmick at a time when Sunak is facing pressure over his handling of the cost-of-living crisis and his wife’s stake in the technology company Infosys.

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Source :- https://nextbigwhat.com Author :- NextBigWhat Date :-April 05, 2022 at 01:48PM