07.13 WTF Are NFTs web Why NFTs, Crypto Regulations, and HODL matter for the future of finance

Why NFTs, Crypto Regulations, and HODL matter for the future of finance

-NFTs are digital assets that are bought and sold online and recorded on the blockchain. They can be almost anything: art, music, or even Burberry.
-Blockchain technology makes it possible for someone to own a digital asset. For example, when an NFT is bought or sold, the buyer gets a digital certificate of ownership in the form of a unique entry on the blockchain.
-NFTs need a market (aka collectors) to make them worth something. So projects without a community of potential buyers could be dead on arrival.
-The NFT market may be cooling off, but it isnt going away anytime soon. Thanks in part to the metaverse and the major brands that are getting in on virtual reality early.
-Early crypto adoption was a form of revolution. And it was a revolution that had a very loud and clear message: The system isn’t working for us. We feel left out. We’re disenfranchised. We feel helpless and voiceless. We don’t have access to the same wealth creation that others do, so we’re gonna create our own system.

 

 

07.13 WTF Are NFTs web Why NFTs, Crypto Regulations, and HODL matter for the future of finance
Why NFTs, Crypto Regulations, and HODL matter for the future of finance 3

Leave a Reply

%d bloggers like this: