Non Fungible Token : Digital Asset or Digital Liability?
Yay or Nay? In the revolution of the Web 3.0 era, it seems that Non-Fungible Token (NFT) or you may say digital asset is gaining its popularity, and owning it gave the highest pride to the owner, well at least to us as crypto-geeks. Regardless of its function, utilities, some of us are willing to sell our kidney's to obtain it. Here is an interesting move, a twitter user claims that he sold his kidney just to obtain a Bored Ape NFTs. Whether its true or not, it shows the length that a person might be resolved in order to owning an NFT. Is it worth it? If we go about in many perspectives, i.e. monetary values, utilities, the pride of owning it, is one confirmed that it is a digital asset?or just another liability that disguised itself as an asset, being a perfect bait to those who have FOMO (Fear-Of-Missing-Out) syndrome? A person claimed sold his/her kidney for NFT Perhaps we can roll-out the term and see if it still fits. The basic crypto terms have been shared in the previous art...