Do you also stop to think of the popularity of NFTs in 2021? Everything was buzzing about NFTs and how many investors had spent large sums to obtain certain NFTs.
Even though they grew in popularity in 2021 and are considered digital assets, NFTs arenât cryptocurrencies.
Theyâre tokens that are not used as a medium of exchange. And NFTs canât be divided or replicated. Enough reasons to wonder why it was talk of the town then.đ
NFTs can be used as alternative investments similar to artwork or collectibles. In fact, thatâs how some people see them â digital collectibles and artwork that may potentially grow in value.
There are even NFTs, like those offered by NBA TopShot, that operate similarly to digital sports trading cards.
I don't get me wrong, I love NFTs. I wished I made money from the few I gotđđ