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Are NFTs Just This Cycle’s ICOs?
As musicians, celebrities and social media stars pile into the space, should we be getting concerned?
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
As musicians, celebrities and social media stars pile into the space, should we be getting concerned?
This episode is sponsored by Nexo.io and Casper.
On today’s episode, NLW looks at the explosion of interest in NFTs. Big money, big names, big problems?
He asks whether non-fungible tokens are this cycle’s initial coin offerings by looking at five different comparison points:
- Inflated prices
- Overpromises
- Celebrity hype
- Wheat-and-Chaff
- Competition with bitcoin
So are NFTs just a new version of the ol’ ICO? Listen to find out.
See also: I’m an Artist. Should I Make an NFT?
Image credit: Beeple/Nifty Gateway
HOST
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
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