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What is an NFT bubble?

An NFT bubble occurs when the price for digital assets increases as the result of increased speculation among investors. If NFT values increase too quickly, their prices will likely crash following the initial hype. It's common for NFT bubbles to take place when newer investors enter the market.

What is an NFT & how does it work?

An NFT is like a digital certificate of authenticity which can be used to prove a person owns the original piece of digital artwork. Just like posters of the Mona Lisa and the original painting, there's quite a big difference in price too. What's been said about NFTs?

What is a non fungible token (NFT)?

The cards are being offered as a "non-fungible token" (NFT), a way of owning the original digital image. Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to collectables, but plenty of sceptics fear they're a bubble waiting to burst. What is a non-fungible token?

Why do people like NFTS so much?

Lots of people have praised NFTs as they're a way for creators of purely digital art to gain more recognition for their work. With the introduction of assets like cryptocurrencies, many believe the world is moving in a more digital direction and digital art is another big part of this.

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