People Are Spending Thousands of Dollars Turning NFTs Into a Game

NFT collectors are now spending thousands of dollars worth of Ethereum cryptocurrency on virtual game items that don't actually belong to any game, feature any artwork, or have any stats to them.The project -- known as Loot -- was launched by American entrepreneur and programmer Dom Hofmann, who created a system where NFT collectors can spend money to create loot bags of unique items, with just 8,000 loot bags to ever be made. Despite not having any artwork or real game tied to it, a market bega...