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Experts weigh in as megastars take NFTs mainstream
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economictimes.indiatimes.comNFTs, or non-fungible tokens (NFT) – a type of crypto asset in which each token is entirely unique – is picking up in India with several celebrities such as Amitabh Bachchan, Kamal Haasan and Salman Khan jumping on to the bandwagon. While their entry has generated a lot of buzz, leading to growing awareness and “maistreamisation” of this emerging industry, several founders of Indian NFT projects and sector experts that ET spoke with said some of these NFT assets are opportunistic and lack key features such as uniqueness, rarity, and long-term credibility.
Now, NFT is a unique digital token that can be used as a digital certificate of authenticity for any asset, digital or physical, be it art, music or a tweet. NFTs are bought and sold
. Read more on economictimes.indiatimes.comAbout this in other media
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