Still don’t know what NFTs are? ‘SNL’ explains with Eminem parody



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In the skit, Yellen – played by Kate McKinnon – addresses a college economics class when a student asks her what an NFT is. The following is an Eminem inspired rap portrayed by cast members Pete Davidson dressed as Batman Robin sidekick, Chris Redd as Morpheus from “The Matrix” and special musical guest Jack Harlow as janitor.

Davidson and Redd attempt to explain the traditional phenomenon to Yellen before Harlow joins in a more concise rap about the infatuation.

“Non-fungible means it’s unique. There can only be one like you and me,” Harlow smacked. “NFTs are insane, built on a blockchain. A digital transaction ledger, it records information about what’s going on. Once they’re minted, you can sell it like art.”

The roughly 3 minute skit ends with “Yellen” and the other characters played by Davidson, Redd and Harlow presented as an NFT posing at the Abbey Road crossroads made famous by the 1969 Beatles album.

the SNL skit is another example of how NFTs have taken off in recent months. Many sell for seven or even eight figures, including the first ever tweet from Jack Dorsey, which recently sold for $ 2.9 million, and most notably a photo collage by artist Beeple for $ 69 million.

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