NFTs: The Simplest Explanation You’ll Find

And it doesn’t involve the word “blockchain”

Photo by Content Pixie on Unsplash

Why Are People Buying NFTs?

Some time in 2017, a group of people decided that owning digital trading cards was cool. Eventually, they convinced their friends that it was cool, who then convinced their friends, so on and so forth.

The Next Generation of Collectibles

For the most part, NFTs are following familiar patterns.

The Road Ahead

Is the current NFT market a bubble? Absolutely. I find it hard to believe that single tweets will continue to sell for $2.5 million. Pop culture guru Gary Vaynerchuk believes that 97% of all NFTs currently on the market will soon be worth $0.

Ruminations.

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