How is it possible that a little painted digital image can cost millions of dollars?
NFTs are currently one of the most important means of transacting in digital cryptocurrency. NFTs are in business trend. People can easily create one or more NFTs with any type of image. But do NFTs actually have any value or is it just a hype? I don't see any future for NFTs. There has come a time when people Is spreading billions of dollars using NFTs.
Just think! I am purchasing an image for $5. Which is nice to see, but the same or better image or art you get for free on Google. So where is the price of that art? That means you bought the picture with money but couldn't do anything with it or sell it anymore because it is priceless to him.
People will come to their senses very quickly when they realize that behind $5- $7 NFTs, there are billion dollar money laundering is going on.
Read a content where someone clearly wrote that the Non Fungible Tokens are completely scam
I happen to think there is something nefarious with these things as well. The whole NFT thing just seems ridiculous.