First Henson, Now Sesame NFTs - PLEASE STOP!
Back in 202, the Henson Company started selling NTFs . At first we were excited for the possibility of something new for collectors. Then we learned not only were these items "virtually" worthless they are also horrible for the environment. Now Variety is reporting that not only is Sesame Workshop launching Sesame Street NFTs, they'll be priced at $60 each. In case you don't know, here's how NTFs work. Since Henson related NFTs began being "produced" we've learned even more about NFTs. As an investment, Moneyunder30.com said " NFTs are an exciting new medium for collecting digital art, but they're no good as investments. The odds of losing some or all of your money on an NFT investment are extremely high. And with Blue Chips and index funds still around, you simply don't need NFTs to become independently wealthy." NFTs are also terrible for the environment since they use the block chain technology that consumes lots of e...