NFT(non-fungible token),how an investor made $300000 from $969 investment

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so recently there was confirmed report about A certain art enthusiast who actually made a purchase of Beeple NFT for an amount which is around $969 ,well according to him,his initial plan was to just really resell it for an amount which will be double the price in about a year or two years ........but what he gets in return is an increase in a value which made his investment of just $969 to become US$300,000 .........and it all happened in three months.........

the name of the man is "Edward Fairchild" –this is a man who is actually known to be an avid follower of the Beeple and also the executive Director of the Brand Strategy at THC Design....he decided to make the purchase of an awesome artistic piece that actually comes from the digital artist which he really idolized, he said he was actually looking for something to be able to actually decorate his office and home with, but he was then introduced to the basic world of virtual assets and he was actually convinced by a friend that he should purchase an NFT ,and that has actually increased since December 2020 which is now valued at $300,000 and made him richer......

Edward Fairchild actually narrated his story and experience in an interview which was later published in an article by "Business Insider"

in the interview he actually said that he got introduced to NFTs, and that before he was introduced to the NFT he never had any idea what it is.....

he actually said that he was really skeptical at first about the NFT's because he has never heard about it before and he never believed that he could make so much money easily via digital art within a short period of time............

NFT is a good form of investment that is interesting to get involved in and also can be very profitable when done rightly....

incase if you do not know what NFT is,

NFT – which can also be referred to as " Non-fungible Token" – is known to be a type of digital certificate of ownership which is been assigned to any kind of virtual asset which is confirmed to be actually verified on a Blockchain....

With the effective increase of popularity of NFTs,this has made more people to start embedding all their digital files on the NFTs and quckily putting it up for sale......, even the Twitter CEO Jack Dorsey is also auctioning an NFT of his first tweet....

Posted Using LeoFinance Beta



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