NFTs
Pudgy Penguins Waddle from Portfolio Pick to Wall Street
There’s a special kind of satisfaction that comes from watching one of your early recommendations break out from the crypto community to gain mainstream attention. In July 2023, I told members about Pudgy Penguins — an NFT collection inspired by the likes of CryptoPunks and Bored Ape Yacht Club. And now, this speculative digital collectible is the subject of Wall Street’s first-ever NFT ETF filing. As someone...
What Is An NFT? Non-Fungible Tokens Explained
Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop, like the dot-com craze or Beanie Babies. Others believe NFTs are here to stay, and that they will change investing forever. What Is an NFT?...