Starting with 2021 it seems that NFTs are getting more and more attention. Most of the current NFTs run on Ethereum blockchain, but other blockchains are starting to implement also NFTs.

First, a short introduction - NFT stands for Non-Fungible Token - this means the token is unique and cannot be replaced with something else.

NFTs have a huge impact in digital art - for example music, drawings etc. It helps artists to sell their work and buyers to own the digital asset. For example, can a group of people buy a painting? Maybe they can, but who will keep it? This problem can be solved by NFTs because the digital asset can be split in as many portions as you want, this means that it can have different owners that invest different amounts in it. Even if the art is sold, the creator still have the copyrights. Sounds interesting, right?

There are some news out there that some NFTs were sold for some huge amounts, for example there's a painting sold for $69.3 million, also the CEO of Twitter sold his first tweet as an NFT for $2.9 million.

This is indeed an opportunity for artists and creators, but also for people that want to buy art and own it.

Still, NFTs are still in an exploration zone and maybe is not easy to understand them and take action.

The opportunity out there - for all of us - is this:

This is a tweet from Alexandre Dreyfus the CEO of $CHZ and socios.com - this is an interesting project that I'm currently looking into - sports and entertaining integrated in blockchain. Who had the intuition to buy that domain is a millionaire today. That's an insane price for a domain name, right? I'm sure that there's demand for it.

Check domain here: https://nfts.com/

What do you think about this opportunity?

Let me know in the comments what you think about NFTs and about this opportunity.


Have a nice day,
CryptoCata