Non Fungible Tokens - a comprehensive overview

NFTs are the current buzzword. The word NFT stands for non-fungible token, which means a unique, irreplaceable cryptographic object.

The purpose of NFTs is to manage ownership of digital content (digital collectible items) by storing the ownership in the form of a digital certificate on a blockchain (usually on the Ethereum blockchain, but other blockchains can also be used). In this manner the buyer can prove that he is the owner of a certain digital item.

Find out more by reading Joris Lochy's "NFTs - A hype or a lasting new investment asset class?"

Non-Fungible Tokens (NFT) – A good investment or a setup for fraud?

"The “best” part of the NFT market craze is that it appeals to non-technical people who don’t understand what they are buying but desperately want it to work." writes Tim Sloane, VP, Payments Innovation at Mercator Advisory Group.

Read full article HERE.

Non-Fungible Tokens - Asset or Scam?

Photographers, filmmakers, and digital artists are falling over themselves to mint NFTs in a get-rich-quick scheme that will do little beyond transferring wealth from artists to tech billionaires.

Why are so many people buying into the idea that something is rare because everyone says it is?

Get the lowdown in this article - NFTs Are a Pyramid Scheme and People Are Already Losing Money