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Why can you take other people’s pictures as NFT?

I see a lot of people selling NFTs with celebrity photos for thousands of dollars, even though they didn’t take those pictures. (Truong Tuan)

NFTs (Non-fungible tokens) are digital assets created for the purpose of collecting. But recently, I see a situation where many photos of celebrities, KOLs on social networks… are also created into dozens of similar NFTs, including NFTs for sale for tens of thousands of dollars.

Do those NFTs have any value and why is it possible to use someone else’s picture as such an NFT?

Reader Truong Tuan

Experts answer

Interested readers can buy tickets to participate in the eBox “Join the trend” with a preferential price of 259,000 VND here. The eBox “Identify opportunities and risks” is also having the same price here.

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