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NFTs, or nonfungible tokens, are a bit of a tech fad at the moment, with plenty of different opinions about whether they are here to stay. But for now, they are continuing their push into the mainstream. NFTs are digital assets, like JPEGs or tweets, that can be bought and sold on a marketplace. They’re a way to make something that traditionally could just be copied and shared online, rare — and therefore, to some, valuable. And as transaction prices for these items climbs, so does the risk of scams. Marketplace’s Kimberly Adams speaks with Corin Faife, a senior reporter at The Verge, who’s been following this trend.
By Marketplace4.4
7777 ratings
NFTs, or nonfungible tokens, are a bit of a tech fad at the moment, with plenty of different opinions about whether they are here to stay. But for now, they are continuing their push into the mainstream. NFTs are digital assets, like JPEGs or tweets, that can be bought and sold on a marketplace. They’re a way to make something that traditionally could just be copied and shared online, rare — and therefore, to some, valuable. And as transaction prices for these items climbs, so does the risk of scams. Marketplace’s Kimberly Adams speaks with Corin Faife, a senior reporter at The Verge, who’s been following this trend.

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