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As the crypto market dips, then dips again, do NFTs represent a hedge?
The great promise behind crypto was a redistribution of power and wealth from the haves to the have-nots.
So you’ve got a piece of digital art - an image, a song, a sound effect, a video - and you want to turn it into an NFT and sell it online? There are a handful of platforms that make it really easy to do just that, will typically cost you between $70 to $140, and will get your NFT into a digital marketplace almost immediately.
You’ve no doubt heard a lot about NFTs or non-fungible tokens by now. If for whatever curious reason you haven’t, they’re essentially a form of digital goods that can be purchased and traded online, much like art is traded in the real world. A number of brands are now realizing the brand and revenue-building potential of NFTs.