Purchasing a blob refers to the process of obtaining a physical manifestation of a digital collectible known as a non-fungible token (NFT). NFTs are unique digital assets that represent ownership of a specific item, often a piece of art, music, or video. When purchasing a blob, individuals are essentially buying the rights to the digital file associated with the NFT.
The significance of acquiring a blob lies in its potential value as a collectible or investment. NFTs have gained popularity in recent years as a means of investing in digital art and supporting artists. Some NFTs have sold for millions of dollars, making them attractive to collectors and investors alike.