Obviously, we had no idea it was going to get here,' say the guys who made the first NFT - MarketWatch

What is NFT art and who is 'riding the crypto wave'? Elon Musk's girlfriend Grimes and billionaire Mark Cuban are in on digital art as sales soar into the millions - South

3 Easy Facts About Non-fungible tokens (NFT) - ethereum.org Shown

You might be interested in NFTs because it offers you a method to offer work that there otherwise might not be much of a market for. If you create a really cool digital sticker concept, what are you going to do? Offer it on the i, Message App Shop? No chance.

Among the obvious benefits of purchasing art is it lets you financially support artists you like, which's true with NFTs (which are way trendier than, like, Telegram stickers). Buying an NFT likewise usually gets you some fundamental usage rights, like being able to publish the image online or set it as your profile picture.

Ah, all right, yes. NFTs can work like any other speculative asset, where you purchase it and hope that the worth of it goes up one day, so you can offer it for a profit. I feel kind of dirty for talking about that, however. In the boring, technical sense that every NFT is an unique token on the blockchain.

The 10-Second Trick For What Is An NFT And How To Invest in One - HP® Tech Takes

Well, that becomes part of what makes NFTs so unpleasant. Some individuals treat them like they're the future of fine art collecting (read: as a play ground for the mega-rich), and some individuals treat them like Pokmon cards (where they're available to normal people but likewise a play area for the mega-rich). Mentioning Pokmon cards, Logan Paul just offered some NFTs connecting to a million-dollar box of the Yeah, he sold NFT video, which are simply clips from a video you can view on You, Tube anytime you desire, for up to $20,000.

What is NFT art ? Your ultimate beginner's guide

A fool and their cash are soon separated, I guess? Linkin Read This 's Mike Shinoda (who also sold some NFTs that consisted of a tune) in fact spoke about that. It's absolutely a thing someone could do if they were, in his words, "an opportunist misaligned jerk." I'm not saying that Logan Paul is that, just that you ought to be mindful who you buy from.