As musicians, celebrities and social media stars pile into the space, should we be getting concerned?
This episode is sponsored by Nexo.io and Casper.
On today’s episode, NLW looks at the explosion of interest in NFTs. Big money, big names, big problems?
He asks whether non-fungible tokens are this cycle’s initial coin offerings by looking at five different comparison points:
- Inflated prices
- Overpromises
- Celebrity hype
- Wheat-and-Chaff
- Competition with bitcoin
So are NFTs just a new version of the ol’ ICO? Listen to find out.
See also: I’m an Artist. Should I Make an NFT?
Image credit: Beeple/Nifty Gateway