Is it a good time to buy nonfungible tokens? Expert answers

Is it a good time to buy nonfungible tokens? Expert answers


As the floor prices of popular nonfungible token (NFT) collections took a nosedive along with the broader crypto market, an NFT expert believes that this is a good opportunity for investors within the space. 

In a Cointelegraph interview, Ahren Posthumus, the CEO of NFT marketplace Momint, shared his thoughts on compelling NFT use cases, its role in contributing to climate action and what NFT investors should focus on during the current bear market.

Posthumus believes that fractionalization of bigger assets may be the next big thing for NFTs. Citing the stock market as an example, the executive believes that breaking apart expensive assets into smaller and more affordable parts will make assets more interesting to retail investors. “This is what the stock market did for investing

Trending: Ilhan Omar Voted Out Today?

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend