The press if filled with articles on how NFTs are making millions for creators. Everyone seems to be chasing them as the next Bitcoin. But are they worth the hunt? My colleague, Nick Breen, provides some much needed perspective worth reading before you decide to invest.
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NFTs -- Fact or Fiction?
For the vast majority of art and collectible NFT projects, buyers are granted little more than a narrow, non-commercial licence to display or reproduce the associated content for personal use (such as for a profile picture on social media or to hang in a virtual gallery). In fact, for a significant number of projects, no express usage rights are granted at all.