What Is An NFT? How Do NFTs Work?

Discussion in 'Business and Legal' started by Stephen, Jul 24, 2022.

  1. Stephen

    Stephen Administrator Staff Member

    https://www.forbes.com/advisor/in/investing/what-is-an-nft-how-do-nfts-work/

    What Is An NFT? How Do NFTs Work?

    Non-fungible tokens (NFTs) seem to have exploded out of the ether this year. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars.

    But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop, like the dotcom craze or Beanie Babies. Others believe NFTs are here to stay, and that they will change investing forever.

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    PT Barnum was right.

    "There's a sucker born every minute"
     

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