In this article, Lotta Spjut is writing about Non-Fungible Token NFT. There is a lot of buzz around it and one of the questions asked is if NFTs can be a new business opportunity.
Have you heard of Non-Fungible Token NFT?
You have probably heard the term Non-Fungible Token or NFT. NFTs, take the world by storm. You have probably seen updates from some “celebrity” on the internet that show that they just bought their first NFT. Maybe a post on social media from another person who tells his success story after selling a digital painting for thousands of dollars.
But what is an NFT?
Why do people make such a big deal out of them? How come these works of art are sold for so much money? Is it just a passing “fly”? In this article, Lotta goes through what an NFT is and what uses it has. She also highlights if and how NFTs can be a business opportunity.
With the speed of the internet, NFTs are estimated to stay and the areas of use are so many more than owning an expensive image. It’s about proving ownership. Exactly how much of our everyday life NFTs will have in the future, there are divided opinions, while it is always smart to be at the forefront when it comes to new technology.
Link to the article about Non-Fungible Token NFT here!