Have you ever thought about investing in art? Well, here’s a new way to do it, and it involves blockchain technology: They’re called NFTs and have been widely discussed in recent weeks due to some pricey transactions. So what are NFTs and why is everyone talking about them?
Due to the features explained above, NFTs have become increasingly popular for trading digital art pieces in recent months. The blockchain-based tokens allow the copyright owner to be identified and verified on a public record. NFTs are unique, cannot be swapped for other tokens and can’t be manipulated. So in short, NFTs are a new way of proving copyright and trading ownership.
Read more: https://blog.bitpanda.com/en/why-everyone-is-talking-about-nfts
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