That note on NFTs that got turned into an NFT, written by lawyers interested in NFTs

Erika Federis
12 min readApr 28, 2021

What on earth is an NFT?!

We suspect that if you’re reading this, then you’ve probably at least heard of Bitcoin or Ether before.

What about tokens? Somewhere across the internet (or life, but probably the internet) people may have used the term ‘token’ to describe cryptocurrencies like Bitcoin and Ether. It’s understandable — but it’s not strictly true as there are some differences between tokens and cryptocurrencies like BTC and ETH.

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Erika Federis

Crypto & Digital Assets Lawyer | Opinions are malleable depending on whether or not you make any sense 🙌🏽