MBA1914 What Are NFTs?
The $100 MBA Show
00:00
The Business of NFT Trading
People are selling en if ts and buying em for hundreds of thousand, even millions of dollars. There's one nft that is worth a hundred million uros. One set of enfts from crypto punks sold at sotherby's for 11 point seven, five million dollars each. And like a lot of rare art, the reason why pel are investing in them is cause they really go down in value. They just go up bcause the demand goes up. Every time that piece of art exchanges hands, somebody makes money. Any time something new comes along, going to people that daretot take advantage of the hipe, of the excitement.
Play episode from 04:33
Transcript
