Over 1.5 MILLION International Followers and Readers have engaged our various curated Digest of Insights and Ideas from leading global investors, economists, scientists, experts and media; focusing on Humanity's "BIG 7 Es" Energy, Economics, Exponentiation, Environment, Entropy, Earth and Extinction as they pertain to individual wealth issues. Meshing the best and brightest minds to provide our world leading -Investors' Advice -
"IN THE KNOW, AHEAD OF MARKETS, DECIDING WISELY"
The Morning Ledger: More U.S. Companies Wade Into NFTs Despite Lack of Accounting Rules
By Kristin Broughton
Good morning. More U.S. companies are investing in nonfungible tokens even though there are no specific accounting rules or disclosure requirements for them.
These tokens, or NFTs, are digital proofs of purchase for items such as art, baseball cards or digital music and can provide access to services like live-streamed concerts. NFTs are stored and traded on decentralized computer networks, or blockchains. Artist Kevin McCoy in 2014 created a pixelated animation of an octagon which is widely considered the first NFT.
