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NFT mania

From blog.coinbase.com

At this point, NFTs have taken over public discourse of crypto in a way reminiscent of ICOs in 2017, including mainstream and pop-culture coverage. Global search interest for NFTs has now surpassed that of Ethereum’s ICO frenzy in 2017. {chart} What is an NFT? The term “NFT” can be quite generic, so let’s break down some of the confusion. A “fungible” asset is one that is mutually interchangeable. Think dollar bills, where each one is identical and interchangeable with another. According to Coinbase Learn, “NFTs (or “non-fungible tokens”) are a special kind of crypto asset in which each token is unique. Because every ... (full story)

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  • Category: Fundamental Analysis