The drawbacks of NFT:

• While NFT systems are intriguing, you should be aware of several disadvantages.
• First and foremost, NFT is concerned with digital products. As a result, you may be paying a lot of money on something that is available for free to anyone with an internet connection. One of the token's main issues could be its volatility.
• Bit rot is a difficulty that comes with being digital. When a digital file is no longer available and the owner is unable to access it, this is known as a lost file.
• This can happen if the system no longer supports the file format or if users forget their password. In the latter instance, the owner of the NFT may lose access to it and never recover it.

Read More: How do I avoid losing my NFT?