Track 2 - Panel: The rise and fall of NFTs - can tokenisation weather the storm?
Part of Crypto and Digital Assets Summit 2023
This event took place on Wednesday, May 10, 2023 at 12:15 PM UTC.
Track 2 - Panel: The rise and fall of NFTs - can tokenisation weather the storm? Tokenised illiquid assets could reach $16.1 trillion by 2030, recent reports have suggested. This would make traditionally illiquid assets such as real estate, high value art and private equity more liquid and more tradable, dramatically transforming and expanding the scope of asset and investment classes available to markets. So why are digital collectibles the only form of non-fungible tokens (NFTs) to have generated significant transaction activity? And what does their recent decline mean for the future of tokensiation? What can be learnt from the rise and fall of NFTs as an art form or digital collectible?