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NFTs: are they worth the hype? | The Economist

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In the past year a new trend in the crypto world has boomed: NFTs, or non-fungible tokens. They started as a way for digital artists to have ownership over their work but have transformed into a dizzying new multi-billion-dollar marketplace. Are they worth the hype?

00:00 - Are NFTs worth the hype?
01:38 - How to sell an NFT
03:24 - Where did NFTs come from?
04:51 - Why are NFTs so popular?
05:45 - NFTs in the artworld
07:04 - The risks in buying and selling NFTs
08:08 - NFTs in the metaverse
08:53 - The real world uses of NFTs

Read Alice Fulwood’s cover story on decentralised finance: https://econ.st/3L3yzBh

Find our most recent coverage on finance and economics: https://econ.st/3IUZugB

Sign up to our daily newsletter: https://econ.st/3gJBH8D

Why did we decide to sell our own NFT?: https://econ.st/3ofuyzV

Listen to our podcast episode on how our NFT auction went: https://econ.st/3sccbNv

What is an NFT?: https://econ.st/3KYbtfb

Find our most-read explainers on decentralised finance: https://econ.st/3KYbDDj

Did an avant-garde French artist sell the first NFT?: https://econ.st/3s6fsxC

How is the market for NFTs growing?: https://econ.st/35HW42z
Category
Business
Tags
The Economist, Economist, Economist Films
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