What is a Yat and why are people paying $425K for emojis?

What is a Yat and why are people paying $425K for emojis?

The creators say that in Web3, your Yat will not only be a universal digital identifier, but it can be used as a URL, wallet address and can be minted on the Ethereum blockchain as a NFT. Will emojis become the Web3 version of a username? That’s what Nashville-based tech startup Yat believes and with 160,000 sold worth a combined $20 million, it seems plenty of ordinary people agree. A Yat is a string of between one and five emojis that can be used as your digital username, website URL and as a payment address for your digital wallet. It’s sort of a cross between a nonfungible token (NFT)....


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