NFT, The new Social!
The world is witnessing the birth of a new social media, one which is the NFT. The Non-Fungible Token (NFT) has become the biggest topic in the crypto space.
While many people are still scratching their heads and trying to understand what they are, they are also becoming aware of how much money people are making by selling them.
It all started with Nyan Cat. A $600,000 auction shocked the world as a piece of meme art was sold for over half a million dollars. The owner of that art only paid $500 for it a few years back.
Since then the blockchain art market has exploded with people spending millions on digital artworks.
The average person on the street might not understand why these things are so valuable, but there is an entire generation who does and it’s this group that see this as part of their future.