NFTs (Non-Fungible Tokens) have taken their place among the major crypto assets in 2021. After the sale of Beeples First 5000 Days for just under $70 million, marketplaces exploded with activity from buyers, sellers, and creators of digital art. But as the hype dies down, all the market participants will have to start asking some fundamental questions about the future of NFTs not just as an asset class but also as a staple in digital culture.
Here at Wandering Alpha, we take a fairly positive view on NFTs going into the future. Some aspects of the NFT space are absolutely in the realm of fads and won’t last over the long term. But other elements of the NFT space, like giving creators access to resale proceeds, will be here to stay long term.
This section is dedicated to the broader concept and applications of NFTs. While we will provide some information on how NFTs are structured and work in a more detailed sense, we won’t spend much time on these aspects. Instead, we prefer to focus on the larger picture of the NFT category and what it could mean for all of us as digital internet inhabitants.
We suggest starting with “Are NFTs Here to Stay?” and then browsing the rest of the section as you wish.
We’re always happy to hear from you if you have any questions, comments or would like to inquire about some direct advising.
How did we get here and why is there so much hype around NFTs?
NFTs are a lot simpler than you might think. Get a quick breakdown of what an NFT is and what it is not.
How likely are NFTs to stick around and under what circumstances might that occur?
Get a clear insight into how we view the value, price stability, and over drivers of NFTs.
Learn how NFTs and Creative Digital Works like JPEGS, AVI, Memes, etc. work together.
Learn how NFTs and Physical Assets could work together.