Beyond the Hype: The True Value of NFTs remains to be determined
We are in 2021. Super Bowl Champion Tom Brady creates an NFT company, Christie’s is explain CryptoPunks everyone, Saturday Night Live is creation jams on NFT, Beeple and Marc Cuban champion the use case of NFTs – yet here I am the CEO of a company that helps users securely store their non-fungible tokens and I still think the real value of NFTs needs to be decided.
It’s important to back up and remember that while it seems like we’ve all always heard of NFTs, the opposite is true. Until this year, NFTs were not just a novelty idea that would never be a story on cable, but their use case was still being developed in the blockchain industry. While the recent hype has been fun, I think this current iteration of NFTs falls short of the groundbreaking and groundbreaking potential that they can truly unlock for entire industries.
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