The first time I learned about non-fungible tokens (NFTs) was when individuals had to pay a lot of money for images. I questioned why I should pay so much for a photo at a time when I could just right-click and save it.
Over the past few days, the "limited edition" NFT tickets that come with a group Zoom conversation with former US President Donald Trump have traded for less than $25.
Through NFT drops, Nike has already made $185 million in sales. Along with Nike, Dolce & Gabbana (D&G), Tiffany, Gucci, and Adidas have generated $240 million from NFTs to far.
China is making a significant advancement in the NFT sector. China is reportedly setting up its first NFT market, according to a recent report from one of its main media outlets.