Written by Ansu Smriti Patel

Is NFT A Good Investment?

Non-fungible tokens are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. 

NFTs may be used to represent real-world things like art and real estate.

It is so expensive because they're designed to be rare and unique

Each Day 1000s of NFT Sales Are Made.

NFT is a unique and irreplaceable asset that is purchased by using cryptocurrency.

Advantages Of NFT's

1. It is easily transferable. 2. It has maintained ownership rights. 3. It is trustworthy.

Dis-advantages Of NFT's

1. NFTs Are Illiquid and Volatile. 2. It does not generate income. 3. Its value is fluctuating.

Are NFT a good investment?

It is used by almost everyone in the digital world & it is so popular. It is safe and its asset value determines its profit.