Question of the Day: What percent of teens who have heard of NFTs (non-fungible tokens) have purchased an NFT?

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Jan 10, 2022
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Question of the Day, Investing

Answer: About 10% of those who have heard of NFTs have purchased at least one

 

Questions:

  • What is an NFT? Why do you think they have become more noteworthy this year?
  • Would you ever buy an NFT? Why or why not?
  • What are some important things to remember when considering the value of NFTs?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
 

Behind the numbers (Piper Sandler):

"NFTs have burst onto the scene in the last 12 months. 22% of teens had heard of NFTs when asked, with 33% of Males having heard of the digital assets. Of those that have heard of them, 10% have purchased NFTs. We are interested to see how this number evolves, and if the NFT craze will be sustainable in its growth."

 

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Interested in learning more about NFTs? Educators, be sure to check out NGPF's On-Demand module: Basics of Non-Fungible Tokens (NFTs)

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NGPF's FinCap Friday resource: The Rise of NFTs is a short quiz followed by an explainer video and a few discussion questions to keep the conversation going.

 

About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.