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Why NFT Collectibles Are Overhyped

Why NFT Collectibles Are Overhyped

NFTs have become an investing phenomenon, with everything from GIFs to sports highlights selling for millions of dollars. But how much of this is hype — and should we be reassured by celebrity endorsements from Logan Paul, Paris Hilton, Lindsay Lohan, Rob Gronkwoski and uh… Taco Bell? Here’s a look…

Why Is Everyone Investing in NFTs?

Why Is Everyone Investing in NFTs?

Non-fungible tokens, or NFTs, have become an overnight investing phenomenon, with $US60 ($77) million in sales on Tuesday — surpassing total sales for the entirety of 2020. An NFT is a type of cryptographic token used to make digital media unique and therefore collectible, whether that’s a GIF or even…