Saturday Night Live (SNL) Answers “What the Hell’s an NFT” in An Eminem Style Rap

If you still don’t know what non-fungible tokens (NFTs), “Saturday Night Live” has you covered.

On the Weekend, SNL posted a clip on Twitter called “what the hell’s an NFT” that has received 10k retweets and 39k likes so far. While Tesla CEO Elon Musk called it “Nice,” Justin Sun of Tron (TRX) cryptocurrency wants to know, “where can I buy the NFT of this video.”

The NFT mania reached the late-night show when former cast member Maya Rudolph, acting as the parody of US Treasury Secretary Janet Yellen, gets asked by a university economics class what is an NFT.

In an Eminem-inspired rap, cast members Pete Davidson dressed as Batman's sidekick Robin and Chris Redd as Morpheus from “The Matrix” series tries to explain NFT in the roughly 3-minute skit.

“Now what the hell’s an NFT?!” starts Robin, rapping, “Everyone’s doin’ it like Gronkowski.”

Special musical guest Jack Harlow as a janitor, arrives with his more concise explanation.

“Non-fungible means that it's unique. There can only be one like you and me. NFTs are insane, built on a blockchain. A digital ledger of transactions, it records information on what's happening. Once it's minted, you can sell it as art,” Harlow rapped.

NFTs are all the rage right now, helping the artists make a fortune, which according to the artists and crypto market participants, is just the beginning.

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