On... Buying JPEGS?
NFT ( Non Fungible Tokens ) shot to the forefront of media in early 2021; although the tech has been around since 2017 with the launch of Crypto Kitties. There are competing sources on what kick started the bubble and bull run of NFT's but I would attribute it to Beeple's $69 million sale at Christie's in early 2021. That is probably the time when I heard about Nft's which later is just called Jpegs by people in the space. I initially shied away from this space because it seemed very speculative and scammy. Several months on, I changed my mind as I got caught in the bull market mania. I've been investing in this area ever since as my perception of this space changed. Jpeg investing is a very unique space - it is the intersection of venture capital and alternative asset class ( watches, fine art, wine, comics, music, etc... ). Normal people like me will never have the chance to participate in a venture capital. This is as close as I get. Betting on new technologies a...