5min chapter

Vaulted by PROOF cover image

100 PROOF: PROOF joins UTA, 16 Questions for 2023, and NFTFi

Vaulted by PROOF

CHAPTER

Is There a Demand for Asset Wrappers?

Eath: There's a lot of sharp founders working on financialization of NFTs. I think we're waiting for those two things to happen, which is more interesting assets that are using the NFT wrapper and then once that kind of starts happening, more professionalization from the demand side will start engaging with some of this infrastructure. Eath: The same thing has happened on the downside as well; you've seen apes being sold at lower prices because they need to be liquidated. You know, we've had two moments over the past three months where there's been a lot of volatility on board prices.

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