Social Science : Pros and Cons of NFT in the Society

 Should you invest in NFTs? That depends on whether the items they represent are authentic, hold value, and stand to gain from being tokenized.

YOU must know FIRST the PROS and CONS of NFT in the SOCIETY.

KEY TAKE AWAYS:

• NFTs are blockchain representations of an asset.
• NFT investing is helpful for establishing a clear chain of ownership over an asset, but it still includes the possibility of counterfeiting, fraud, and money laundering. The asset tokenized by the NFT may be nonexistent, duplicated, or tainted.
• NFTs representing digital-only items may not have growth potential or sustainable value unless there is consistent demand from collectors.