Criticism of the NFT market
Posted: Tue Feb 18, 2025 3:29 am
Despite being a risky investment, NFTs can make up a diversified portfolio: while other assets guarantee a fixed return, NFTs can increase profit potential . But you should evaluate your investor profile to create a suitable portfolio, as NFTs are only suitable for bold investors willing to take risks.
Furthermore, NFTs can have added value that cannot be measured in cash. Owning a rare piece of digital art, for example, can mean status and recognition. This is different from other types of investments, which are limited to their monetary value; in this case, we are talking about social value.
Generally, a person who owns an NFT is not guaranteed exclusivity or malaysia phone number list copyright over the asset.
Reproducibility remains as before: anyone can use a meme registered on the blockchain and sold for millions of dollars on their social networks, but only the person who owns the token has the record of the original creation.
Furthermore, NFTs can have added value that cannot be measured in cash. Owning a rare piece of digital art, for example, can mean status and recognition. This is different from other types of investments, which are limited to their monetary value; in this case, we are talking about social value.
Generally, a person who owns an NFT is not guaranteed exclusivity or malaysia phone number list copyright over the asset.
Reproducibility remains as before: anyone can use a meme registered on the blockchain and sold for millions of dollars on their social networks, but only the person who owns the token has the record of the original creation.