Why The NFT Market Is Not As Crazy As You Think | Economics Explained

The video explores the concept of non-fungible tokens (NFTs), their market impact, and the misconceptions surrounding them. It delves into the idea of fungibility, comparing various assets like gold, cash, and cryptocurrencies. The video explains how NFTs serve as digital ownership tools and discusses different types of NFT sales, highlighting their role in the market for digital and non-digital collectibles.

What are the potential risks associated with investing in NFTs?

How do NFTs compare to traditional collectibles like Pokémon cards?

What role does blockchain technology play in the functioning of NFTs?

Why might someone prefer digital assets over physical collectibles?