What is an NFT? How do NFTs work? Is it worth the investment?
In today’s fast-paced world where everything is getting digitised and mass marketing campaigns are a common trend, it is hard to read the newspaper, browse the internet, or watch TV without the words “blockchain”, “cryptocurrency” and “NFT” flashing in front of your eyes. I’d assume you’ve already seen multiple ads and TV commercials where famous athletes and actors would be telling you to buy cryptocurrencies or NFTs, or seen stories on the news about people buying crypto and NFTs for increasingly mind-blowing sums of money. Today, even most of our favourite brands and companies have NFT offerings to offer in exchange for exclusive benefits. But what do these terms mean, and how do these technologies work? The rate at which these technologies are evolving makes it almost impossible to predict how the state of the market will be next week or next month in comparison to today.