NFTs: Avoid These Mistakes When Investing in Them

Non-fungible tokens (NFTs) swept the globe in 2020 and continue to do so in 2021. Some NFTs fetched millions of dollars for their owners. In addition, many celebrities and leaders around the world jumped on the NFT bandwagon. Sporting organizations also rolled out NFTs for their fans as an extra income stream.

With the world still recovering from the scare of the pandemic, the crypto world provided new methods of earning money. Concepts like GameFi let gamers get rewards for playing games. But, NFTs appeared to provide the biggest funds for people. Digital artists were the biggest gainers from the NFT surge. These artists received huge payments for their digital crafts, almost more than they would have earned in most traditional auction houses.

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