NFT-based season pass: The Lago Mar Crystal Lagoon waterpark says it’s now selling season passes based on NFTs in Texas City


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TEXAS CITY, Texas — One of the most hyped – and most baffling – tech innovations on the planet is making waves in Texas City.

The video above is from a previous report.

The Lago Mar Crystal Lagoon waterpark says it’s now selling season passes based on NFT technology. NFT stands for non-fungible token.

“At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos,” the Insider website explains. “NFTs can be considered modern-day collectibles. They’re bought and sold online, and represent a digital proof of ownership of any given item. NFTs are securely recorded on a blockchain – the same technology behind cryptocurrencies – which ensures the asset is one-of-a-kind.”

Continue reading this article from our ABC13 partners at Houston CultureMap.

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174 shares, 134 points

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