It is a culture – The CEO and co-founder ofElectric Capital released more than encouraging views on the future of non-fungible tokens (NFT). An opportunity to review some recent events that go in the direction of its predictions.
NFTs: the future of the web3
” In 18-24 months, I think we will see an influx of games (based on NFTs) “. The predictions of the CEO and co-founder of Electric Capital, Avichal Garg, about NFTs is particularly optimistic. They deviate – big or small, it depends – from his analysis of the crypto markets. The latter must wait a year or two before seeing the next bull cycle.
In an interview with Cointelegraph, Avichal Garg, who describes himself as ” maximalist NFT », shared his view of the sector and his views.
The CEO of Electric Capital spoke more understandable link between NFTs and elements of everyday life such as art, music and games. This relationship is not so clear for other crypto niches.
Avichal Garg also drew an analogy between NFTs and ” several billion people because it is ultimately culture “.
The recent news of NFTs also confirms a craze for the sector. This is despite the decline in crypto markets, which have a Bitcoin back below $19,000.
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Red September for Bitcoin and Green for NFTs: The Hard Facts
Art and NFT: mom’s museum in New York reportedly plans to part with $70 million worth of artwork. The proceeds of the sale will be used to fund its construction of web3.
Friends for Monkeys: Yuga Labs plan to launch by the end of this year, a new collection, Mecha Apeswhich is in symbiosis, with the NFT Bored Apes.
Strong branding: the NFT project Doodle based on Ethereum (ETH) has raised $56 million to support its growth.
Blank Block Party : the giant of video games Epic Games has launched its NFT gamewhich is in ” early access “.
Will NFTs be the big winner of web3 in the short, medium and long term? Companies operating in different sectors, such as fashion, sports, or even art, are now involved in this race tokenization their properties.
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