NFTs make it possible for people to now own and collect digital goods. As 60 Minutes+ reported last week, they're having major implications in the art world. But NFTs are also changing music, fashion, sports and more -- they allow people to purchase digital moments, whether it's a blocked shot in a basketball game or even a popular meme.

In a new 60 Minutes+ report streaming now on Paramount+, correspondent Laurie Segall followed along as award-winning rapper and songwriter Flo Rida made a performance of his song, "Low," into an NFT.

"So, when people get the NFT of what happened today," Segall asked the artist, "what are they getting? What are they owning when it comes to you, Flo Rida?"

"They're owning a very special moment of myself or anybody else, you know," Flo Rida said. "And, you know, it's that digital moment."

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