Demystifying NFTs

Debates on Non-Fungible Tokens (NFTs) and their uses have become frequent across mainstream media, social channels and investment literature. This is especially so as NFTs appear to have been making strides into the mainstream, aided in part by several high-profile developments involving major corporates.

This Interactive Publication delves deeper into what are NFTs, how are NTFs used and traded, and the possible role they play in the developing Metaverse.

While the exact form of the Metaverse has yet to be comprehensively defined, many would agree that NFTs are likely to be a common feature across Metaverse worlds. Yet as crypto-related woes increase, deepening the ‘crypto winter’, it is imperative to identify trends in this space that are lasting and can stand the test of time.

There are certainly several candidates with business models that gravitate towards interesting developments within Web 3.0.

However, given wider macroeconomic conditions, the evaluation of such companies might prove to be challenging.


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