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FinTech Rising

FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

art market

NFTs: Ugly Term for Beautiful Returns?

March 13, 2021 by FinTechRising

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?

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