Over the past decades, investors have hugely used the security of hard assets such as vehicles and land to build and maintain their wealth. Recently, commodities such as artwork, whiskey brands, sneakers among others have grown exponentially from mere collectibles to worthy investments even to the tune of millions of dollars. In addition, cryptocurrencies like Ethereum and Bitcoin have been gaining widespread recognition by corporations and retail investors alike. In turn, this has catalysed the demand for blockchain powered technology.
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How to Invest in NFTs
NFTs, known as Non-Fungible Tokens, are a new asset class, and you can invest in them in a variety of ways. You can buy NFTs like you would any other cryptocurrency. You can also buy NFTs using a NFT exchange. And if you don’t want to buy NFTs, you can earn NFTs by completing activities such as playing online games.
- Post date: March 10, 2021
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