If you're looking to buy an NFT, the starting price may be affordable but the bidding wars for NFTs could make the digital token worth a lot more.
And this afternoon, Tiger Woods plans to sell NFTs of digital autographed collectibles (more below). Today, Time Magazine will launch over 4,500 NFTs from more than 40 artists. But what are they? Think of NFTs as a digital asset that's expensive but may make you a lot of money in the future - similar to cryptocurrency but not quite (more below). They're tied to almost anything nowadays - a video highlight, a meme or a tweet.
You've probably heard about NFTs, short for nonfungible tokens. NFT art could be a new way to spend and make money.