Business
‘Just the beginning’: The bizarre $325m NFT craze sweeping Australia – Yahoo Finance Australia
Aussie are cashing in on a new trend that is upending the art and investment worlds.
You’d be very wealthy if you sold one of these. Source: Instagram/Twitter
There’s a new craze sweeping the world and it’s quickly becoming synonymous with a new generation of investors who emerged when much of the world was stuck at home during the coronavirus pandemic.
That’s right: non-fungible tokens, or better known as NFTs.
NFTs (pronounced “nifty”) offer a way to buy, sell and track pieces of digital artwork online.
The technology essentially offers collectors proof that they “own” a digital…
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