nonfungibletokens
If you follow the news on cryptocurrency you’ve likely heard about the hottest new craze – NFTs (Non Fungible Tokens). Headlines touting multi-million dollar sales at Christie’s and the exploding value of CryptoPunks (a specific NFT collection popular with celebrities) catch the attention of the public and are driving massive interest into this formerly niche technology. This article is a very entry level brief on NFTs as a technology and relevant applications. Q2 2021 hedge fund letters, conferences and more Fungible vs Non FungibleIn order to understand what’s happening with the wild valuati...
ValueWalk
Thanks to Bitcoin’s epic year-end bull run, cryptocurrencies are once again enjoying a moment in the sun. However, while many of the headlines are focused on price action, another type of token has emerged offering a novel type value proposition. Q3 2020 hedge fund letters, conferences and more Let’s face it – cryptocurrencies still have a long journey ahead when it comes to shaking their reputation for being nebulous, volatile assets. In contrast, non-fungible tokens are more firmly anchored to real-world digital and physical assets of value. For the benefit of the uninitiated, a non-fungible...
ValueWalk
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