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Yahoo Poll: Will you invest in non-fungible tokens (NFTs)?

Staff Writer
·Editorial team
·1-min read
'Everydays' – a unique virtual-only work by US artist Beeple – sold for US$69.3 million at auction. (File photo: AFP)
'Everydays' – a unique virtual-only work by US artist Beeple – sold for US$69.3 million at auction. (File photo: AFP)

A Singapore-based investor known as MetaKovan recently spent US$69.3 million (S$93.2 million) on a digital artwork – artist Beeple's compilation of image files, titled Everydays – which was sold as a non-fungible token (NFT).

Non-fungible-tokens (NFTs) "can't be exchanged for another asset of the same type, and can instead only be transferred in exchange for some sort of money, typically ethereum or bitcoin". The market for NFTs is exploding in popularity, with even individual tweets being sold this way.

With this growing popularity in mind, will you invest in NFTs? Take our poll below.

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Jack Dorsey's first ever tweet sells for US$2.9 million