The Future of NFTs and Fungible Tokens in Blockchain Technology
Update: 2024-05-19
Description
Hundreds of obituaries have been written about NFTs. After trading at $17 billion in 2021, 95% of NFT collections have lost all their value, leaving 25 million people holding worthless investments.
Vatom CEO Eric Pulier (inventor of the first smart NFT) believes that NFTs are set for a comeback in 2024, and this second wave won’t be sustained by hype and speculation. Instead, digital collectibles will incorporate something that may seem contradictory: non-fungible tokens will have a fungible aspect.
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