Jersey Evening Post
Jersey Evening Post
Sponsored content
AT Moneybrain, we like to think of Crypto Corner as the JEP’s reader crypto educator. We hope the insights we put forward not only open your eyes to the opportunities and optionality crypto brings but also invites you to be cautious when it comes to the crypto Wild West.
At Moneybrain, we understand the risks of crypto and, accordingly, have created an ecosystem that welcomes newcomers and doesn’t open you up to ultra-high-risk crypto-related activity as we curate what we allow on our platform, making for a beginner-friendly experience.
Today’s Crypto Corner focuses on the dangers of non-fungible tokens.
YouTube influencer Logan Paul famously once purchased an NFT back in 2021 for a staggering $635,000. Today it is worth a mere $155. This highlights the real risks that crypto presents, as there can be drastic volatility, especially in the NFT world.
This is why the Moneybrain app doesn’t offer NFT purchasing options, as they are among the most volatile and the value underpinning them is mostly community hype.
You can jump into the world of crypto and crypto-enabled fractionalised shares of some of the world’s biggest companies such Microsoft today with the Moneybrain app. No, this isn’t a fever dream; it’s real. You can download the Moneybrain app today on both Android and Apple for corporate or personal use.
Read the Homelife, Le Rocher and a whole host of other subjects like ranging from cycling to travel.
news@jerseyeveningpost.com
The dangers of non-fungible tokens and hype – Jersey Evening Post
