What Are NFTs and Why Are They So Controversial?
Reynolds Holding
JULY 18, 2022
Nonfungible token (NFT or Token) was the word of the year in 2021, as NFT sales exceeded $4 billion in monthly trading volume in January 2022 after generating more than $23 billion in sales in 2021. What is an NFT? Hence, at first glance, NFTs appear akin to artworks or collectibles.
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