NFTs are the latest blockchain innovation that has exploded out of the Ether, creating quite a frenzy in the virtual space. According to CB Insights, by mid-December 2021, NFT funding skyrocketed to $2.1bn for the year, witnessing a staggering increase of 6523% from 2020's total funding.
From art and music to toilet paper and tacos, NFT assets sell for millions of dollars. Is NFT here to stay, or is it a bubble poised to pop? While speculations are still on, many investors are ushering into this new arena to gain some profit.
If you want to expand your investment portfolio and take on a high-risk investment, NFTs might be a good option for you. This guide will cover the basics of NFT – what NFT actually means, how to buy NFTs, and more.