If the technical term "nonfungible token" was selected to describe how the art market meets FinTech as a way of catching attention, then it has succeeded mightily. It begs the inevitable questions: What the heck is that? Why would anyone buy that? The New York Times took that approach in its 03/12/2021 story on the largest sale of digital-asset token as art: "What Are NFTs, … [Read more...] about NFTs: Ugly Term for Beautiful Returns?
FinTech Rising
Reports at the intersection of money, banking, securities, and payments with digital technologies