As of July 2022, Shanghai's Municipal Government published a draft of its "14th Five-Year Plan for the Development of Shanghai's Digital Economy and metaverse."
There are countless examples of huge sums of money exchanging hands when it comes to all things NFT, Crypto, and Metaverse projects. It's possible to make millions of dollars, and many people are, but we have to be careful. What we first need to do as a community, is to segregate what elements of this economy are good, healthy, value driven concepts far away from the many rug pulls, scams, and short-sighted money grabs that unfortunately are common as this space develops.
Let me distill this down so you can walk away from this article fully understanding the main concept of NFT's without being bogged down in the technicals.