Have 95% of NFTs become “worthless” ? NFT worthless? NFT no value ?

 

Photo by Choong Deng Xiang on Unsplash

Before we start the article let’s give you a brief overview of what NFT is
NFT stands for “Non-fungible token”.

Non-fungible token means that something is unique and cannot be replaced. In contrast, physical and cryptocurrencies are homogenized, meaning they can be traded or exchanged with each other. Each NFT contains a digital signature, which makes each NFT unique.

NFTs are digital assets that can be photos, videos, audio files, or other digital formats. Examples of NFTs include artwork, comic books, sports collectibles, trading cards, games, and more.

๐Ÿ˜… Are you a NFT collector too?


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