What are NFTs and why are these digital collectibles bringing in millions?

You might not have heard of NFTs, but they’ve enthralled a small segment of speculators who pay big bucks — think $208,000 big — in the hope that they can resell the NFTs for more. Why are some willing to spend money on a cryptocurrency-like asset that produces no cash flow and generates no royalties? Here's what you need to know.

What are NFTs and why are these digital collectibles bringing in millions?

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