NFTs: Get-Rich-Quick Scheme

 

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.

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