NFTs? Nah… PSAs, Take a Look

Posted On Aug 30, 2021 By Addison Wiggin

Today you’ll occasionally hear about some NFT fetching a ridiculous price… like the $180,000 basketball superstar Steph Curry paid for a rendition of a snooty-looking blue ape. Companies are still getting in the game, too… with clothing designer DKNY offering its new logo for sale as an NFT. And according to The Block, a website dedicated to digital assets, spending on NFTs topped $300 million last month… and is currently topping $2.3 billion this month. That’s a lot of cash for what are effectively ones and zeroes that can be replicated with the press of a button. Sure, an NFT’s blockchain means someone can “claim” ownership over the image… but so what? If you own a beach that must allow the public free and unfettered access, what does your ownership mean?

Subscribe to Platinum Reserve Today!

From blue chips to penny stocks, income plays to growth opportunities, commodities to techs, ETFs to OTCs, bonds to options — the Agora Financial Platinum Reserve covers it all. You simply cannot find a more comprehensive source of investment analysis and recommendations.

Subscribe Today!