Moneycontrol PRO
you are here: HomeNewsOpinion

NFTs are the latest get-rich-quick scheme for the ‘cryptosphere’

The bubble-mania around ‘non-fungible tokens’ will eventually burst

©The Financial Times Limited 2020 Mar 18, 2021 / 11:32 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
NFTs are the latest get-rich-quick scheme for the ‘cryptosphere’

Jemima Kelly We are in the midst of a new mania. A species of digital asset as unsexy-sounding as the “non-fungible token” — or the only marginally sexier “NFT” — is taking over the front pages, social media and, sadly for me, my life. Over the past two weeks I have been added to a WhatsApp group named “crypto NFTs”; been invited to two chats about the tokens on Clubhouse; and had three friends call and ask me to try to...

  • PRO Panorama

    Moneycontrol Pro Panorama | Indian stocks sitting pretty, but Asia feels the China chill

    Nov 28, 2022 / 03:31 PM IST

    In today’s edition of Moneycontrol Pro Panorama: It's advantage India amid China-Australia trade faceoff, small insurers accorded space to grow, shift in energy balance has to be fair, migrant footballers add spark to FIFA World Cup, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers