Beyond knowing the term NFT (that’s non-fungible token, by the way) exists, how much do you actually know about this digital trend that’s sweeping across your news feed? Maybe you heard from a friend of a friend of a friend who’s an accountant that NFTs are related to the blockchain and cryptocurrency, but there’s a little more to understanding them than that. From SNL sketches to convoluted definitions to long-winded internet musings — a lot of people are attempting to unpack NFTs. So, where do you even begin?

That’s where we can help: We’re stepped in to break down the basics of NFTs — what are NFTs and how are they impacting the investing world? Check out the video below for the lowdown.

Now that you know a thing or two about NFTs, how about testing your knowledge?

Take the NFT Knowledge Quiz

Looking for the latest on market trends? Sign up to receive the Weekly Viewpoint and other expert insights delivered to your inbox.