GOING, GOING, GONE! …What do NFT’s & ‘Charlie Bit My Finger’ Have in Common?
Kubicle Spotlight: NFT’s
May 25th, 2021
One of YouTube’s first viral videos has been sold for over €600,000 as an NFT (non-fungible token). The 55-second video, now viewed over 880 million times, was sold in an auction to a bidder carrying the alias ‘3fmusic’.
Read more about it here.
This most recent NFT sale joins an ever growing list of 6+ digit transactions, including Jack Dorsey’s first Twitter post (tweet) for $2.9 million USD.
So what are NFT’s and how is all this even possible?
Find out in our newest Kubicle Spotlight video:
Non-fungible tokens, or NFTs for short, are emerging as a compelling new technology. In order to understand NFT’s we first need to understand the meaning of non-fungible.
An asset is non-fungible if it cannot be replaced by another of identical value. For example, the original Mona Lisa painting by Leonardo DaVinci, is absolutely “non-fungible”. The original, authenticated art piece is truly unique and irreplaceable.
But…you can easily buy several identical Mona Lisa coffee cups. These cups are very fungible.
These examples refer to tangible goods, but intangible assets with no physical presence can also be non-fungible. A trademark is non-fungible – there can only be one! And bitcoins? Very fungible, there are millions out there!
So, what’s a non-fungible token? An NFT is a digital certificate. It proves that a particular digital asset is unique and “non-fungible”. In other words, NFTs allow people to claim intellectual property of the original copy of any data file.
Audio files, text files, image files – you name it! Ownership of any original data file can be traded with NFTs.
NFTs are stored on what we call a “blockchain” – you’ve probably heard of this. It’s a digital ledger of transactions that’s accessible to anyone, and can be used to verify ownership.
At this point you might be wondering…”Why? What’s the point”? Well, NFTs have the potential to open up a new realm of possibilities. With NFTs, video game players can trade ownership of unique in-game creatures. The events industry can use NFTs to prove authenticity and ownership of tickets. Intrepid art collectors can even invest in digital art for their collection…as for the artists and creators? They have the opportunity to claim royalties each time an NFT is purchased.
Time will tell just how much NFTs will drive future innovation. Right now, it looks like we’re just getting started.
For nearly a decade, Kubicle has set new benchmarks in corporate training, empowering over one million learners across more than 1,000 enterprises worldwide. The mission has always been to foster valuable, measurable skills that drive organizational success.
However, teaching new skills alone isn’t enough to create lasting change. To bridge the gap between learning and real-world impact, businesses require more robust, integrated approaches. That’s why Academies+ has been developed—an innovative blended learning program designed to transform skill acquisition into tangible outcomes.
Why Blended Digital Learning?
In recent times, an additional challenge has emerged: the rapid acceleration of change, especially in technology. The production timelines for eLearning courses often struggle to keep pace with product development, nowhere more obviously than in the domain of Generative AI. As a result, a course being developed today may already be outdated by its release—regardless of how short the production cycle is.
Blended learning tackles these challenges by merging the advantages of eLearning with hands-on, real-world applications. Likewise, virtual classrooms led by industry-leading SMEs offer an effective platform for delivering consistently up-to-date content. This approach enhances knowledge retention while ensuring accuracy and smooth integration into daily workflows.
How It Works: The Academies+ Formula: Self-paced eLearning + Virtual Classrooms & Workshops + Impact Coaching + Impact Project = Maximized Organizational Impact
Learners start by exploring foundational concepts at their own pace with self-guided eLearning. This flexible format allows them to absorb and reflect on the material before moving on to interactive virtual classrooms. Here, subject matter experts and peers provide fresh insights, helping to deepen understanding through discussion and collaboration.
The experience continues with hands-on workshops, where learners put their new skills to the test in a practical setting, guided by experts. But the real differentiator of Academies+ lies in its final components: the Impact Project and the Impact Coach.
The Impact Project is where learning meets real-world impact. Through the Impact Project, learners will address genuine business challenges and make a measurable difference. With the support of an Impact Coach, participants develop a project tailored to their organization’s needs, applying their newly acquired skills to solve genuine problems and deliver tangible results.
With Kubicle’s Academies+, we don’t just train—we transform, turning learning into a strategic asset for your organization.
Launching Now: AI for Business Professionals Academy+
This program is designed to equip leaders and professionals with the skills to harness AI effectively in their roles. As regulations like the EU AI Act approach, organizations must meet AI literacy standards. This program prepares participants to not only understand AI principles but also apply them to improve productivity and efficiency.
By the end of the course, participants will view AI not as a buzzword but as a practical tool for solving business challenges and driving innovation.
