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What Are NFTs? A Guide For Investors


If you want to get into the NFT craze, here is what you need to know.

The cryptocurrency king Bitcoin has had a rough start to the year, down roughly 6.9% since the beginning of 2022, but the non-fungible token, or NFT, market is booming with investors, institutions, companies and celebrities piling into the digital tokens as their value steadily trends upward.

NFTs’ total value grew from $100 million in 2020 to more than $21 billion in 2021, according to a report by TradingPlatforms.

For investors who want a piece of the NFT pie, here’s what you need to know about NFTs and how to manage them…

The post What are NFTs? A Guide for Investors originally appeared at U.S. News & World Report.