Within the third episode of the most recent season of Tech Tonic, FT columnist and host Jemima Kelly unpacks the craze round non-fungible tokens (NFTs). Blockchain expertise gave us NFTs, and NFTs have created a brand new means for artists to promote digital work. However NFTs have additionally develop into a breeding floor for rampant fraud and scams. After which there’s the latest crypto crash: can NFTs survive it? Jemima hears from artist Kevin McCoy, who created an early model of the NFTs, in addition to Spottie WiFi, the world’s first and solely NFT rapper, and Aless Ribeiro, co-founder of Rug Pull Finder, an NFT rip-off investigation service.

You’ve been listening to Tech Tonic from the Monetary Instances with Jemima Kelly. Particular thanks this week to the FT’s tech reporter Cristina Criddle and international tech correspondent Tim Bradshaw, who performed the interview with Spottie WiFi. Tech Tonic’s senior producer is Edwin Lane, our producer is Josh Gabert-Doyon, and Manuela Saragosa is government producer. Our sound engineer is Breen Turner, with authentic scoring by Metaphor Music. The FT’s head of audio is Cheryl Brumley.

Information clips credit:Spottie Wifi, NBC, Fox Information

Read a transcript of this episode on FT.com

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