NFTs in simple words (and should you invest in one?)

Before considering investing in NFTs, It is very important to know the main groups that will benefit from NFTs.

Artists: They are looking at NFTs as a way to generate new streams of income

Speculators: They fall in love with any buzzword they hear and just throw money at it, just not to miss the latest train of opportunity (even if it takes them to doom)

Investors: They are looking at this space and trying to figure out scalable ways to benefit from it in the long run

Celebrities: They are having fun/experimenting with NFTs and selling them not because of their intrinsic value, but because their name and brand image is attached to it

Skeptics: They are not rich, celebrity, or an artist and also not foolish enough to jump into a new hype without understanding it

We will reference these groups of folks when diving a bit deeper into the valuation analysis of NFTs.

Basically, we are going to answer few basic questions here:

What the heck is even an NFT? Does NFT have a value and future? If yes, how should you invest in it? ...

https://www.kasrakhosravi.com/nft-in-simple-words/