Source | Finance Magnets
NFTs are the ‘big thing’ in crypto at the moment. Thinking of issuing one? Here are some things to consider
Like DeFi coins, and ICOs before them, non-fungible tokens, or NFTs, are officially the latest crypto ‘craze’. However, many artists and analysts agree that despite the short-term hype, NFTs do have long-term viability.
Indeed, NFTs have a number of promising use cases, specifically, NFTs have been identified as the future of the creative economy. However, the concept of NFTs is still so foreign to most of the world that many of the people who would benefit from creating them get lost at the utterance of the words ‘non-fungible’.
In other words, there is definitely a learning curve when it comes to entering the world of NFTs. Here is (almost) everything that you need to know.