What is an NFT?
Are NFTs good investments?
Or are they pure hype?
Today you’ll learn how to make some money from NFTs or at the very least understand what they are. Why is everyone talking about crypto NFTs?
A video of LeBron dunking just recently sold for over $200,000. The artist, Grimes sold roughly 6 million dollars worth of NFTs in about 1 day. The Nyan Cat meme sold as an NFT for $590,000 and Jack Dorsey (CEO of Twitter) is selling his first tweet ever. The highest bid currently stands at $2.5 million. What’s interesting is that none of these NFTs have anything physical behind it, no physical assets, no cash flow – just digital rights. So is this a pure hype bubble? First, you have to understand what NFTs are.
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