What is an NFT bubble?

An NFT bubble occurs when the price for digital assets increases as the result of increased speculation among investors. If NFT values increase too quickly, their prices will likely crash following the initial hype. It's common for NFT bubbles to take place when newer investors enter the market.

What is a non fungible token (NFT)?

The cards are being offered as a "non-fungible token" (NFT), a way of owning the original digital image. Where Bitcoin was hailed as the digital answer to currency, NFTs are now being touted as the digital answer to collectables, but plenty of sceptics fear they're a bubble waiting to burst. What is a non-fungible token?

Can NFTS be hacked?

Though one of the selling points of NFTs is the fact that it's very difficult to "steal" something from the blockchain, that doesn't mean these assets can't be hacked. There are vulnerabilities within the blockchain that hackers can and have exploited.

Should digital artists buy NFTS?

Once you're done, collectors can start bidding. Digital artists can build a royalty into their NFTs, even for future sales, which is why many artists see promise in NFTs: It can cut out the middleman and open up a new way to make money.