Did you know that NFTs are actually part of a massive pyramid scheme spanning the whole world?
Weird right!?
We thought this sounded strange too, which is why we spent the last few days looking into some of the weird and “wonderful” claims people make about non-fungible tokens. What we found was that there’s a lot of misinformation floating around the web about NFTs right now.
So much so that we decided to put together a video debunking eight of the most common myths around NFTs.
0:00 - Intro
1:13 - #1 NFTs are all digital art
2:32 - #2 NFTs are just a fad
4:00 - #3 NFTs are a get rich quick scheme
6:10 - #4 NFTs are bad for the environment
7:45 - #5 NFTs are worthless and useless
9:10 - #6 NFTs are easily copied, which leads to art forgery and theft
11:08 - #7 NFTs are helping criminals to launder money
12:55 - #8 Buying an NFT means you own the underlying asset
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