5 Terms to Know Before Buying Your First NFT
The popularity of non-fungible tokens (NFTs) is surging higher. As reported by Reuters, DappRadar data shows that sales of NFTs reached $25 billion in 2021. This was a stunning 260-fold year-over-year increase from the $94.9 million in NFT sales in 2020.
With some already selling for millions of real dollars, NFTs are understandably very high on some people's radars. If you're just starting your NFT journey, here are five terms that you'll want to understand.
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Source Fool.com