NFT

Here’s what Elon Musk thinks about NFTs

Elon Musk has once more shared his opinion on what is often often called NFTs. The tradeable media linked to a blockchain’s non-fungible token grew to become well-liked in 2021’s bull market. At the moment, ‘jpegs’ have been traded for thousands and thousands of {dollars} price of cryptocurrencies.

On December 27, the multi-billionaire and entrepreneur answered a touch upon his platform, X (previously Twitter). First, DogeDesigner requested if “anybody nonetheless remembers NFTs,” which Adrian Dittmann made enjoyable of: “Internet hyperlinks to information You don’t personal.”

All issues thought-about, the NFT expertise is evolving, and different options will surge in time. Fanatics imagine there’s nice worth in inscribing media into the blockchain to carry and commerce them with out intermediaries.

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