The concept of NFTs originated in 2012 when Meni Rosenfield, Andrew Steinwold, and Daniel Larimer released the "Colored Coins" project on the Bitcoin blockchain. However, the term "NFT" was not coined until 2014 when Kevin McCoy created the "Quantum" art piece and registered it on the Namecoin blockchain.
Who made the first NFTs?
- Meni Rosenfield, Andrew Steinwold, and Daniel Larimer created the "Colored Coins" project in 2012.
- Kevin McCoy created the first NFT art piece called "Quantum" in 2014.