Kraken exec says NFTs will be as disruptive as cryptocurrencies
There are endless discussions both online and offline about NFTs and what they mean for the world Some consider them revolutionary and some don’t. But according to Jonathan Miller, managing director the kraken Australia, NFTs are set to be as disruptive as cryptocurrencies
In an interview with CoinTelegraph, Miller touched on Status of NFTs And said that despite the ongoing crypto winter that has affected NFT trading volumes, we are still seeing their adoption. While many are quick to write off NFTs based on the current situation, he is not.
Instead, he says Kraken will remain bullish on NFTs and that they will be “as disruptive and innovative as Bitcoin was 10 years ago.” It is worth noting that cryptocurrencies have been a major catalyst for increasing blockchain adoption and visibility.
Starting as a novel concept that few people knew about, cryptocurrencies like Bitcoin are now known and used worldwide. While Miller believes the same can be done with NFTs, he admits there are a few barriers to adoption. Mainly, he quoted Solid user experience And said that Kraken is working towards solving this problem.
Let’s just hope that in 10 years, this prediction holds true.
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*All investment/financial opinions published by NFT Plaza are derived from the personal research and experience of our site moderators and are intended as educational material only. Individuals should do thorough research on any product before making any type of investment.
Tokoni Ooty has written extensively on blockchain and cryptocurrency over the years. His work has appeared on sites such as BTCmanager and Blockchain Reporter. He has a degree in Corporate Communication.
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