The following article is sponsored by PotPunks.The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only.
Recently NFTs (non-fungible tokens) are making headlines for the numerous transactions registered. An NFT is a unique token on the blockchain that is used to establish ownership of digital collectibles and digital art. Christie’s Auction House led to a sale of an NFT for almost $69 million thanks to Twitter’s CEO and co-founder, Jack Dorsey, who sold an NFT of his autographed tweet. This new digital rush is not likely to go away anytime soon.
Blockchain technology is bringing a world of possibility and with it, many investors, household names and enthusiasts are jumping on this hot trend. The crypto and NFT market is poised to be as successful as other standard art forms.
NFTs have changed …
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