Is paramount launching its NFT marketplace?

An anonymous reader shares a report: Paramount is launching its NFT marketplace / metaverse / annoying marketing stunt that fans are already angry about with Star Trek non-fungible tokens (or NFTs.)

Should I create or buy NFTS?

Some people are making millions with crypto, but plenty of others have seen their portfolios plummet in value. The art itself isn't stored on the blockchain. We're not recommending you create or buy NFTs. If you get involved with NFTs, know that there's no such thing as a sure bet when dealing with anything crypto.

What are NFTS & how do they work?

Fundamentally, because NFTs are tamper-proof (thanks to the encrypted nature of blockchains) and unique, they can be used as a unique identifier of another digital asset, such as a picture, a video file, a piece of music, or pretty much anything else.

How stable is an NFT?

NFTs usually don’t contain digital assets themselves, so often, any given NFT will only be as stable as the computer (or network) that stores the asset’s file. Even if the computer storing the asset is properly maintained, it’s hard to prevent “bit rot,” or data’s tendency to degrade over time.