NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can be used to represent real-world items like artwork and real estate. “Tokenizing” these real-world tangible assets allow them to be bought, sold, and traded more efficiently while reducing the probability of fraud.
Cryptographic tokens are difficult to hack and replicate. A unique or valuable asset can be made secure y tokenizing them.
We are still at the early stages of the growth cycle as far as NFTs are concerned. There is still a long runway ahead of growth for NFTs. Tokenizing of more and more use cases are inevitable.
Unlike cryptocurrencies, there are not many regulatory concerns from national regulatory bodies on NFTs. Indeed, most governments worldwide realize that blockchain decentralized technology can be leveraged and put to use. There is, therefore, a low political or economic risk to NFTs. Risks, if any, will come from irrational bidding by greedy investors wanting to buy a tokenized valuable product. It has nothing to do with NFT as a technology asset.

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