NFTs: get-rich-quick scheme or the future of art?

The Guardian

NFTs: get-rich-quick scheme or the future of art?

Celebrities, sports people, politicians – anyone and everyone seems to be getting into NFTs. These non-fungible tokens (NFTs) have changed the business of buying, selling and owning art and digital property, and ‘collectibles’ like ‘Bored Apes’ have sold for millions online. Subscribe to The Guardian on YouTube ► n Many say they are buying these images to be part of a community and because they love the art. But, in reality, how much of this is a speculative bubble that could soon burst? The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► h Sign up to the Guardian’s free new daily newsletter, First Edition ► n Website ► m Facebook ► n Twitter ► n Instagram ► n #NFT #Art #Technology

Categories NFT