Did you say NFT? What the hell is that?

NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin. But unlike Bitcoin, an NFT is a digital asset that represents real-world objects like art, music, in-game items, videos and yes, even podcast episodes. They are bought and sold online and they are generally encoded with the same underlying software as many cryptocurrency, utilizing Blockchain technology.

Blockchain technology and NFTs afford content creators and those that invest in their content a unique opportunity to monetize their wares beyond the initial sale. Content creators, like The Nice Guys can sell their content (episodes like The National Park episode) directly to the consumer as an NFT and can program in royalties so investors can receive a percentage of sales whenever their content is sold to a new owner. This is an attractive feature as content creators and those that invest in them generally do not receive future proceeds after their content is first sold.

Hopefully you understand a little more about NFTs. The bigger question is, when The Nice Guys start selling their episodes on the open market, do you want to be in on the ground floor?

Here's the episode we talk all about it: Invest in The Nice Guys