NFTs have exploded in 2021. Although quite popular, the concepts behind them can be confusing. Together with being a new format, it can be difficult for the average user to understand why they are valuable. First of all, NFT is short for non-fungible tokens. This means that they are digital representations (tokens) of unique assets, and they are secured on a blockchain. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. … Continue reading Where Do NFTs Get their Value?