18 min listen
BREAKDOWN: Are NFTs Just This Cycle’s ICOs?
BREAKDOWN: Are NFTs Just This Cycle’s ICOs?
ratings:
Length:
18 minutes
Released:
Mar 2, 2021
Format:
Podcast episode
Description
As musicians, celebrities and social media stars pile into the space, should we be getting concerned?This episode is sponsored by Nexo.io and Casper.On today’s episode, NLW looks at the explosion of interest in NFTs. Big money, big names, big problems? He asks whether non-fungible tokens are this cycle’s initial coin offerings by looking at five different comparison points:Inflated pricesOverpromisesCelebrity hypeWheat-and-ChaffCompetition with bitcoinSo are NFTs just a new version of the ol’ ICO? Listen to find out.-Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.-Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.-Image credit: Beeple/Nifty GatewaySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 2, 2021
Format:
Podcast episode
Titles in the series (100)
Notes On a Swatting by CoinDesk Podcast Network