Why People Spend Billions On NFTs

Photo by 愚木混株 cdd20 on Unsplash

Beanie Babies were first introduced in 1993 and quickly became a popular craze and collectible just a few years later.

In 1995, they were dubbed “the world’s first Internet sensation.”

Due to the high resale value of particular babies, they were collected not only as toys but also as a financial investment.