Are NFTs Down for the Count?
Raoul Pal: The Journey Man
English - October 05, 2022 18:24 - 41 minutes - ★★★★ - 19 ratingsInvesting Business Entrepreneurship Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
You've seen the reports: Mainstream media have declared non-fungible tokens dead and have buried them forever. Yes, prices are way down from the peak. Yes, enthusiasm has waned. But is this the end of the story? Will NFTs fade into oblivion? Or is this just a floor from which NFTs will thrive again? Could it be about dominant players taking greater shares of the cake, i.e. the bigger projects cannibalizing the smaller? So many questions, and who better to answer them than Chris Maddern, the co-founder and CEO of Floor, an app that tracks NFTs. Chris joins Real Vision's Paul Guerra and Elaine Ly LIVE today for a Crypto Daily Briefing NFT bonanza. Chris, Paul, and Elaine talk about the top stories in the NFT space – Japan’s ambitious investment plans, Veefriends’ expansion into physical toys, and Improbable's $100 million funding round – and then take a step back to assess the big picture. We also have an update on TradFi giant Fidelity and its plans for an Ethereum index fund.
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You've seen the reports: Mainstream media have declared non-fungible tokens dead and have buried them forever. Yes, prices are way down from the peak. Yes, enthusiasm has waned. But is this the end of the story? Will NFTs fade into oblivion? Or is this just a floor from which NFTs will thrive again? Could it be about dominant players taking greater shares of the cake, i.e. the bigger projects cannibalizing the smaller? So many questions, and who better to answer them than Chris Maddern, the co-founder and CEO of Floor, an app that tracks NFTs. Chris joins Real Vision's Paul Guerra and Elaine Ly LIVE today for a Crypto Daily Briefing NFT bonanza. Chris, Paul, and Elaine talk about the top stories in the NFT space – Japan’s ambitious investment plans, Veefriends’ expansion into physical toys, and Improbable's $100 million funding round – and then take a step back to assess the big picture. We also have an update on TradFi giant Fidelity and its plans for an Ethereum index fund.
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