Mythbusting NFTs: What’s true and what’s fake about the controversial tech

Published by
Inven Global

You have probably heard about non-fungible tokens, or NFTs, at this point. You may have been told by an eager crypto-investor that they are the future of digital art and collectibles, that they will help preserve digital goods and open a whole new realm of commerce and possibilities in the “metaverse”. On the flip side, you may also have heard that they are bad for the environment, that people are stealing other people’s work and minting it as an NFT, and that companies are using NFTs as a cash grab. So what is true and what is myth when it comes to this new and controversial technology? We ar…

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