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  • MacFormat

    NFTs

    Mar 08, 2022 4 minutes
    Carrie Marshall

    YOU WILL LEARN

    > What NFTs are, why people are getting excited and why others are urging caution

    NFTs aren’t regulated. If you’re hacked or stolen from, there’s no NFT police you can call

    Key fact

    > An NFT is a digital certificate saying that you have paid for a specific link; you don’t necessarily own the thing that link connects to, so for example if you buy an NFT of an image other people can still download, save and share the same image. You have bragging rights but not copyright, which is the right to make and sell copies of an artwork or other creative work.

    “All my apes gone,” he posted on Twitter, bereft. Welcome to NFTs.

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