Are NFTs useless?

NIFTYHYPE Editors
Answered 
11.04.2022

NFTs, or non-fungible tokens, have been a hot topic in the cryptocurrency world for the past few years. These unique digital assets are often used to represent ownership of digital or physical items, and can be traded or sold like any other asset.

However, there is a growing consensus that NFTs are simply useless. While they may have some value as collectibles, their lack of utility means that they will never truly be worth anything. This is why many people believe that NFTs are nothing more than a passing fad.

Only time will tell whether or not NFTs are truly useless. For now, they remain a controversial and largely unproven asset class.

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