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13.40%SNL Skit Uses Kate McKinnon's 'Janet Yellen' and Slim Shady to Explain NFTs
The skit shows how NFTs have captured the public's imagination. Here's where you can find out more.
Non-fungible tokens (NFTs), the buzziest segment of the cryptocurrency universe, made it to "Saturday Night Live" last night in an explainer skit featuring Kate McKinnon as U.S. Treasury Secretary Janet Yellen and the rapper Eminem.
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- The skit is a sign NFTs have captured the public's imagination, as the National Football League's Patrick Mahomes and Rob Gronkowski as well as other celebrities have created and sold the tokens, sometimes for staggering amounts. But it could be a sign of a market top.
- If, after viewing SNL's explainer, you find yourself wanting to know even more about the latest crypto craze, check out a few of the articles on CoinDesk about this topic:
What Are NFTs and How Do They Work?
It’s an NFT Boom. Do You Know Where Your Digital Art Lives?
How to Create, Buy and Sell NFTs
How NFTs Became Art, and Everything Became an NFT
Why the NFT Frenzy Won’t Drive Up Prices for Bitcoin Just Yet
- Or the following videos from CoinDesk TV:
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
