Personal Finance Cat

Episode 16 - Why Are NFT Prices Tanking?


Listen Later

Summary:

In this episode, I will try to explain to you what NFT (or non fungible token) is, how the NFT market has been in the last year or two, and what is happening to most NFTs’ prices now. Should you invest in NFTs? Listen to the episode to find out!


References:

  1. https://en.wikipedia.org/wiki/Non-fungible_token
  2. https://cointelegraph.com/news/22-year-old-indonesian-boy-makes-1m-by-selling-nft-selfies-on-opensea
  3. https://en.wikipedia.org/wiki/Bored_Ape
  4. https://cyberscrilla.com/how-non-fungible-tokens-are-changing-sports-forever/
  5. https://www.coindesk.com/business/2022/04/13/jack-dorseys-first-tweet-nft-went-on-sale-for-48m-it-ended-with-a-top-bid-of-just-280/
  6. https://www.forbes.com/sites/jeffkauflin/2022/04/14/why-jack-dorseys-first-tweet-nft-plummeted-99-in-value-in-a-year/?sh=1a82234a65cb
  7. https://beincrypto.com/nft-marketplace-volume-12-billion-2022-lows/


...more
View all episodesView all episodes
Download on the App Store

Personal Finance CatBy Personal Finance Cat