The NFT Craze in Cryptocurrency Wealth Opportunities for Creators and Collectors
Nov 01, 2021
4 minutes
by Anju Nambiar
NFT (Non-fungible tokens) have created quite the frenzy in the crypto world. Mainly because people want to know how to make big bucks out of it. More importantly, artists are rejoicing because they can unleash their creativity on digital art and auction it off for a big amount. They no longer have to wait for their canvas paintings to be physically sold at a gallery. Art has taken a digital route with NFTs. Creating wealth through NFTs is non-standardised as yet. It’s also a very novel and innovative method for wealth creation that has gotten stakeholders very excited.
Works of art, video and audio clips, musical compositions, and even doodles qualify as NFT assets and can be sold.
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