NFTs are empowering Hong Kong artists, but the tech has risks

Many Hong Kong artists experimenting with non-fungible tokens (NFTs) are finding the technology gives them more control over their artwork, but some say it is challenging working within the complex and volatile world of cryptocurrencies, according to interviews with the South China Morning Post.NFTs, which refer to data stored on a blockchain that guarantees a digital asset is unique and immutable, took the world by storm last year, as people snapped up cartoon avatars, virtual property and…

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