$170,000 on a JPG file.
That’s how much Gmoney paid for a CryptoPunk NFT in January. He prefers anonymity and is known only by his internet persona.
“But why?” you may ask. Why did I buy a 24×24 image? “What value does this photograph have?” Go money.
NFTs are e-assets They can be pixelated characters like CryptoPunks, or anything online like art, collectibles, or memes. Each NFT is coded on a public online ledger called a blockchain, which tracks each transaction.
The assets and technology have long-term value to NFT investors. Like any investment, they expect their NFTs to grow over time.
Source – CNBC
Get started with as little as $10.
Wondering what NFTs are? Here’s a guide on – What are NFTs
Want to get one yourself? Here’s more info on – Where to buy NFTs
Wondering how NFTs work? Here’s your guide.
How to invest in NFTs – Earn money from NFTs by investing, maybe?
How to buy NFTs – Buy an NFT yourself.
Also, check out the guide on – How to make money with NFTs
You could make an NFT yourself – Here’s how to make NFTs
And finally, read on how to sell NFTs. Useful stuff! 😉