Kryptoballersnft 1 minutes reading from Bitcoin

NFTs are Growing Popular as Cryptocurrency Investments Grow Popular

It is clear that NFTs are quickly gaining popularity as a vehicle for financial investments.


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An NFT provides a way of holding cryptocurrency (specifically Ethereum) in the form of a digital asset. Like using money to buy physical property (say real estate),


an NFT has investment potential in that it might increase in value quicker and more significantly than an equivalent holding in cryptocurrency. 👇

NFTs can also be used as collateral when seeking to obtain cryptocurrency loans


(much like you might use your house as collateral when seeking a loan from a bank), or to represent more complex financial products (such as insurance, bonds or options) that can be traded on secondary markets.

NBA NFT Collection
This post is based on this twitter thread.


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