When you hear "NFT," you might think of a monkey picture selling for millions. But NFTs, non-fungible tokens are unique digital certificates stored on a blockchain that prove ownership of a specific asset. Also known as non-fungible tokens, they don't store the image or file itself—they store a link and a record that says "this person owns this version." That’s it. No copyright. No usage rights. Just a digital receipt.
Most NFTs you see are tied to digital art, collectibles, or game items. But here’s the catch: owning an NFT doesn’t mean you own the art. It means you own a token that points to it. If the website hosting the image goes down, your NFT might just point to a broken link. And if the project behind it disappears? Your NFT becomes a digital ghost. This isn’t theoretical—thousands of NFTs from abandoned projects are now worthless. That’s why NFT scams, fraudulent projects that promise value but vanish after collecting funds are so common. Fake NFT drops, fake celebrity endorsements, and fake utility claims are everywhere. You’re not buying art—you’re betting on someone else’s promise.
Some NFTs do have real use cases. A few games let you trade in-game items as NFTs. Some concert tickets now use them to prevent scalping. A handful of brands use NFTs as membership passes. But these are rare. Most NFTs are speculative bets with no underlying value. And if you’re buying one because someone told you it’s "the future," ask yourself: what future? The ones that survived are the ones tied to real utility, not hype. The rest? They’re digital collectibles with no collector.
What you’ll find in these posts aren’t glowing reviews of NFT projects. You’ll find the truth behind the noise: the NFTs that collapsed, the ones that were scams, the ones that promised everything and delivered nothing. We cover real cases—like abandoned tokens, fake airdrops, and projects that vanished overnight. No fluff. No promotion. Just what happened, why it happened, and how to avoid the same mistakes.
14 November
NFTs are unique digital assets that prove ownership on a blockchain. Learn how they work, where they're used today, and how to get started safely as a beginner in 2025.
