How much are NFTs worth

1
How much are NFTs worth?
2
Description

• Since 2014 NFTs have been around but they gained
  popularity in 2021 when popular digital artist
  Mike Winkelmann sold his art Everyday The First
  5000 Days for 69 million. Suddenly everyone
  started taking interest and betting their luck on
  this new technology. NFTs are non-fungible tokens
  that cannot be exchanged or replaced. Each NFT
  has a unique identification code and each token
  is stored on metadata. 

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What makes it popular?

• The best part is that NFTs are based on similar
  underlying software as that of cryptocurrency
  which is blockchain. Blockchain technology makes
  the transaction secure, transparent, and
  efficient. All transactions are recorded in the
  public ledger that everyone has access to. The
  peer-to-peer transaction eliminates the middleman
  thus making it secure from frauds and other
  scams.  

4
Who uses NFTs?

• Currently, artists, brands, and gamers are at the
  forefront who are minting the maximum number of
  NFTs. Many famous personalities are also trying
  their luck in NFTs and the prime example is Jack
  Dorsey, a CEO of Twitter who sold his first tweet
  for 2.9 million. Other celebrities like Snoop
  Dogg, Paris Hilton, Grimes, and Shawn Mendes have
  also launched their NFT projects. 

5
How you can approach it?

• If you are planning to buy NFT then this is the
  right time. Krazy Kong NFT collections portray
  the deep desire to experiment and explore human
  life. He is one of the modern apes who is trying
  to forget his tumultuous past and fit in the
  modern human society. One of the aims of Krazy
  Kong NFT project is to raise environmental and
  social issues like deforestation, animal rights,
  inequality, and conflict within and among humans
  and animals.