This article was submitted by a Guest Contributor. The opinions expressed in this publication are those of the Guest Contributor.   Sometime around March, you probably read several explainer articles with titles along the lines of, “What are NFTs?” and “NFTs, explained”. That was the month non-fungible tokens (NFTs) were thrust into the public consciousness. British auction house Christie’s sold an NFT artwork by digital artist Mike Winkelmann, better known as Beeple, for a historic US$69 million. Later, Twitter CEO Jack Dorsey sold an NFT of first tweet for US$2.9 million. The numbers paint a better story – the volume of NFT transactions multiplied 25 times since December 2020, totalling around US$226 million. The NFT market has somewhat cooled off since the frenzy, following the broader crypto pullback in the past month. In the long-term, a correction is probably beneficial to skim off the froth in the NFT market....