What Are The Drawbacks Of Using NFTs
What are the drawbacks of using NFTs?
There are a few drawbacks of using NFTs, including:
• Limited use cases: At the moment, NFTs are mainly used for collectibles and loyalty programs. Their use for other applications is still being explored.
• Complexity: NFTs can be complex to use, especially for those who are not familiar with cryptocurrencies and blockchain technology.
• Volatility: The value of NFTs can be volatile, which can be risky for those who invest in them.
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