Would you believe someone telling you, in 2010, that Internet memes, digital art, and Twitter (NYSE) avatars could sell for hundreds or thousands of dollars?

These are called nonfungible tokens or NFTs. On the backs cute cats and punks, NFTs propel blockchains into uncharted territory. The clouded future of fintech innovation is hidden beneath a veil of speculation about pointless collectibles. The NFTs are a pivotal moment. It is possible to use blockchain technology to hold assets that are not part of the chain.