What Advisors Should Know About NFT Investing

Posted on by American Coins & Gold

What Advisors Should Know About NFT Investing
Every day seemingly brings a new scam in the world of crypto, and yet the growth of the industry is in no way slowing.The popularity of non-fungible tokens (NFTs), at least for now, continues to overshadow news of scams such as “rug pulls,” where NFT creators hype up the value of a new digital asset then cash out once people buy into it. Consider the recent Frosties rug pull, where more than 2,000 people bought $1.3 million in cartoon ice cream digital collectibles before the anonymous creators shut down their social media pages and disappeared. The collection of 8,888 NFTs…