top of page

NFT Basics 101: Episode 1 – What is an NFT?

Writer: Mad Lips 21Mad Lips 21

Updated: Mar 4

Welcome to the first episode of Where Fame Meets Blockchain. If you’ve ever wondered what NFTs really are, how they work, and why people are talking about them, you’re in the right place. Whether you're an artist, entrepreneur, or just curious about this space, this is where you start.


Listen to Episode 1: What is an NFT?






So, What is an NFT?

NFT stands for Non-Fungible Token—but let's keep it simple. Think of an NFT as a one-of-a-kind digital asset that can’t be copied or replaced. It’s not just another file floating around the internet. It's something you actually own.


What Can Be an NFT?

Pretty much anything digital. That’s what makes this space so exciting. Here are a few examples:


  • Art – Digital paintings, 3D designs, AI-generated pieces

  • Music – Exclusive tracks, album covers, sound bites

  • Gaming Assets – Skins, weapons, characters, in-game land

  • Event Tickets – Concerts, backstage passes, exclusive meetups

  • Virtual and Physical Real Estate – Digital land, real-world property tied to NFTs

  • Collectibles – Limited-edition digital items, sports memorabilia

And this is just the beginning. If it can be digitized, it can be turned into an NFT.


Why Should You Care?


NFTs aren’t just about buying and selling digital items. They’re about ownership, control, and connection. Here’s why they matter:

  • Authenticity – Every NFT is recorded on the blockchain, so no one can fake it.

  • Scarcity – Unlike traditional digital files that can be copied endlessly, NFTs create value by being unique or limited.

  • Royalties for Creators – Artists, musicians, and creators can set up automatic royalties, meaning every time their work is resold, they get paid.

  • Direct-to-Fan Access – No middlemen. NFTs let creators offer exclusive perks, behind-the-scenes content, or VIP experiences directly to their audience.

For artists, celebrities, and entrepreneurs, this changes everything. It’s no longer just about creating—it’s about owning your work and benefiting from it long-term.


Next Up: Breaking Down Blockchain


NFTs wouldn’t exist without blockchain but don’t worry, you don’t need to be a tech expert to get it. In the next episode, I’ll break it down in a way that makes sense.

Until then, keep an open mind, because this space is moving fast. The future of digital ownership is here, and you don’t want to be left behind.

Do you have questions or thoughts? Let’s talk.



 


Julie Guay, aka Mad Lips 21, is a digital artist, NFT creator, and Web3 consultant passionate about pushing the boundaries of digital ownership and creativity. Her work blends art, technology, and storytelling, bringing immersive experiences to collectors and Web3 enthusiasts.

Want to explore the NFT world further? Listen to my podcast, where I discuss the latest Web3 trends, digital art, and the future of creativity. Tune in here!




Comments


bottom of page