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What are NFTs, or non-fungible tokens? Are NFTs the future of art or is it just a bubble that will crash sooner or later? We all heard the news that an NFT art piece was sold for $69million recently. The artist was Beeple, also known as Mike Winkelmann, who until October 2020 had only ever sold a print for $100. The explosion of NFTs has created a new way of earnings for digital content creators and collectors, both in the primary markets and in the secondary markets. Our guest also talked about NBA top shot, a type of NFT currently on the market. They are short videos of unique moments in basketball minted as an NFT thus becoming the "Officially Licensed Digital Collectibles". Join our conversation this week as we discuss why NFTs are becoming so popular, what are the issues with NFTs and our take on whether this alternative investment can be the future of investing.
What are NFTs, or non-fungible tokens? Are NFTs the future of art or is it just a bubble that will crash sooner or later? We all heard the news that an NFT art piece was sold for $69million recently. The artist was Beeple, also known as Mike Winkelmann, who until October 2020 had only ever sold a print for $100. The explosion of NFTs has created a new way of earnings for digital content creators and collectors, both in the primary markets and in the secondary markets. Our guest also talked about NBA top shot, a type of NFT currently on the market. They are short videos of unique moments in basketball minted as an NFT thus becoming the "Officially Licensed Digital Collectibles". Join our conversation this week as we discuss why NFTs are becoming so popular, what are the issues with NFTs and our take on whether this alternative investment can be the future of investing.