Binance CEO Changpeng Zhao is not a big fan of non-fungible-tokens (NFTs). He thinks that NFT craze is ‘bonkers’ and “people have lost their mind”. NFT is anything starting from your art, drawing, music, GIF, etc or even a selfie can be turned into an NFT. Any digital file can be turned into an NFT on blockchain distributed database. In a recent interview with Fortune, Zhao said whatever your opinion of NFTs, they cannot be ignored.

Source: Indian Express April 02, 2022 23:49 UTC