JAKARTA/MANILA -- Ever since digital artist Beeple sold his NFT artwork at Christie's for $69 million in March, nonfungible tokens have been in vogue. Skeptics see the blockchain-based technology as just another fad, but proponents believe it could change the world of finance.
Technology
Southeast Asians jumping on NFT bandwagon to boost incomes
But signs of falling liquidity in nonfungible token markets could mean trouble
Nonfungible tokens, or NFTs, are bought and sold in Southeast Asia through games such as Axie Infinity. (Source images from Axie Infinity website)
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