Blockchain has come a long way since Satoshi Nakamoto published the momentous white paper that would give birth to the world’s first cryptocurrency. With second- and third-generation blockchains spreading across the crypto landscape, new possibilities and use cases continue to emerge every day. Far from the least of these is the new concept of NFTs, non-fungible tokens that establish ownership and authenticity of original digital assets—whether they’re trading cards, collectibles, artwork, videos, gifs, or something else—and have become quite the talk of the town as of late.
10 Things You Didn't Know About NFTs
Although NFTs have been around for a few years now, the NFT market has seen a huge surge in interest after multi-million dollar sales and fortunes were made almost by accident. If you’re considering investing in NFTs, we’ve got a ton of information you need to know to keep yourself safe, arm yourself with the knowledge you need to know about the NFT market.
Related: What are NFT Stocks?
While it’s easy to get caught up in the crypto craze, before you embark on an investment journey, take a good look at your finances and emphasize how much you really have to put into investments. Many advise new investors to make sure they have enough savings set aside for a rainy day (a few months’ rent) before putting money into the market. You don’t want to invest money that you can’t afford to lose.