What Are The NFTs Facts and Red Flags You Need To Know

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Despite the fact that they’ve been around since 2014, popular as a way to buy and sell digital art. A total of $174 million has been spent since November 2017.

WHAT ARE THE NFTs FACTS

Ethereum is the most important blockchain that supports NFTs.

NFTs help artists connect with potential customers.

‘NFT’ is currently more popular than ‘crypto,’ according to Google Trends.

Cryptopunks and Cryptokitties were the first mainstream NFT projects.

The term “rugged” or “rug” comes from the phrase “having the rug pulled out from under you,” which is another way of saying “being scammed.”

NFTs RED FLAGS

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