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Cybernews: The NFT craze: buy, mint, or stay away from it?

CEO Michael Tessler provided his thoughts to Cybernews surrounding the recent NFT craze.


"Simply put, NFTs are like rare collectible baseball cards or action figures that leverage digital scarcity, ledger technology, and exciting new advances in security to give value to what traditionally have been non-physical items."


"NFTs," according to the CEO of Multihouse, Michael Tessler, "can be a risky investment at the moment. Yet, early adapters may very well see gains similar to those who were early miners or collectors of crypto."


“Those looking to invest should take their time and try to understand the technology. Not every NFT asset will have value. Look for uses of the technology that are sustainable,” he told CyberNews.




 

Read the full article here.