5 things to know before you buy an NFT

Non-fungible tokens (NFTs) are all the rage now. And with everyone from your graphic designer cousin or even the person sitting next to you in the coffee shop becoming NFT creators or shillers, you’ve probably been tempted to buy one yourself.

Hold on to that crypto first. With all the rug pulls and scams circulating in the market, it’s best to do your research first before making any purchase. Here’s a list of 5 myths that definitely need to be busted before you throw any money in the game.

See more: Meet Singapore’s pioneering NFT creators

Credits

Editing: Terence Lee and Eileen C. Ang
Slides: Timmy Loen