Does anyone know when this NFT's concept has come and what are the benefits? And it will be right decision to buy it in today's market? And what is future of NFT's ? Will it be successful or not? its price is stable or manipulative? Any expert should have the opinion of the individual before buying.
Why did you ask this question in marketplace ? You should move this topic to main board.
Go to bottom left and then click on move and then select Local - India to move the topic.
To answer your question NFT stands for Non-Fungible Token. NFTs are scarce such that we cannot exchange it.
There's just one token of the particular type which makes it rarest. This is the built-in feature of NFTs.
This is why it is gaining popularity in the current market. Many NFTs are being sold in millions which has created a hype for NFT in the current market.
The concept of NFT is good and I believe it can be used for a variety of purposes but right now it's just the hype that is driving the market crazy.
People are paying millions for NFTs which basically has no use. If you want to invest in it then you must do a lot of research before buying any NFT to see whether it is actually worth it.
