Today, blockchain has covered literally all business niches. It also affected such phenomena as art. Let’s find out what an NFT is, and analyze the rationality of investing in this type of token.
NFT: What Is It?
In late 2017, a collectible game, CryptoKitties, clogged the network of Ethereum, a cryptocurrency second only to Bitcoin by market capitalization. Trades of digital cats from this game accounted for 95% of all Ethereum network transactions at the peak.