The NFT craze, just over a year old, has given the world works that have sold for millions and includes collections from the ‘Bored Ape Yacht Club’ to an image of a naked Donald Trump following his 2020 election defeat. This booming world of digital assets has opened up a new market into which tens of billions of dollars have been poured, while also provoking discussions about how they could be useful in the real world. — Bloomberg
NEW YORK: NFTs have been called everything from fads to outright scams, but early adopters see a future for them as uniquely useful tools for business, health and the arts that goes beyond mere digital collecting.
The non-fungible token (NFT) craze, just over a year old, has given the world works that have sold for millions and includes collections from the “Bored Ape Yacht Club” to an image of a naked Donald Trump following his 2020 election defeat.
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