Here's Why NFTs Are Selling for Millions
Breaking down the latest (very expensive) trend you have definitely heard of.
Stay informed and join our daily newsletter now!
Email
Opinions expressed by
Entrepreneur contributors are their own.
When non-fungible tokens, or NFTs, first gained the attention of the public a few months ago, few understood what they were and what they were for. Today, they are a booming market, selling for thousands and even millions of dollars apiece. In February, sales of NFT tokens reached $500 million, which is twice as much as throughout all of 2020. According to the Crypto Artwebsite, more than 191,000 digital art objects have already been sold for a total exceeding $533 million.