https://ringolingo.com Free ESL English Dictations and Tools for English Learners Tue, 19 Oct 2021 09:33:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/ringolingo.com/wp-content/uploads/2021/09/cropped-icon-r.png?fit=32%2C32&ssl=1 https://ringolingo.com 32 32 200435589 https://ringolingo.com/dictation/who-is-beeple/ Wed, 01 Sep 2021 10:04:49 +0000 https://ringolingo.com/?post_type=dictation&p=70 In 2021, the American artist Mike Winklemann,? better known as Beeple, made news around the world.? In the first digital only art auction by? the auction house Christies, an NFT made up of 5,000? digital images sold for $69 million.? It is not known who bought the work,? but despite spending all that money,? all they will receive is digital files,? many of which are available online.

]]> 70 https://ringolingo.com/dictation/what-is-an-nft/ Wed, 01 Sep 2021 09:55:08 +0000 https://ringolingo.com/?post_type=dictation&p=69 NFT is an acronym for Non-Fungible Token.? A currency like the US dollar? is said to be fungible.? This means that it has a set value so it is? easy to exchange two $5 notes for a $10 note.? NFTs have no set value.? It is also common for them to? have no physical existence.? The majority of NFTs are digital items,? such as images or audio tracks.? The buyer of these NFTs becomes the registered? owner of the digital item, but they? usually do not receive anything else.

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