On Monday, former England footballer Michael Owen announced that he will launch his own NFT project. It was announced in March that the TV pundit was looking to create his first limited edition NFT collection alongside technology company, Oceidon Corporation.
On Twitter, the TV pundit tweeted: "My Twitter Space is about to go live, to discuss my NFT project. Despite the critics, my NFTs will be the first ever that can't lose their initial value".
The tweet has garnered a lot of response from followers, with some saying that they had also invested in NFTs in the past, while others were quick to criticise the footballer for his decision. But some of us may be wondering, what is an NFT? And can it be stopped form losing its initial value, as Mr Owen said?
