Spike in Interest in NFTs, but Is It Too Much?

Last year, I asked whether non-fungible tokens (NFTs) were the next big thing. Well, it’s been almost an entire year, so I thought now might be a good time to take a look at the industry and see if things have grown and if so, how they have changed.

It turns out that interest and investment in NFTs have sky-rocketed, hitting more than $17 billion in trading last year. That’s a…