Huang started by admitting that the NFT industry was still nascent and could swing in multiple directions. For now, the industry focuses mainly on creators, including art and music.
As reported by BTC PEERS, some collections have sold for millions of dollars. The developer, however, pointed out that as the industry matures, some of these early pieces may become worthless. Huang said:
In closing, Huang expects NFTs to find more use cases and expand to other industries, including the tokenization of physical assets.
Continue reading on BTC Peers
Source: Cryptocurrency - investing.com
