44 min listen
Ron Yu/Fred Chan (1): NFT Risks: The Dangers of the Unknown
Ron Yu/Fred Chan (1): NFT Risks: The Dangers of the Unknown
ratings:
Length:
39 minutes
Released:
Jun 29, 2022
Format:
Podcast episode
Description
Non-fungible Tokens (NFTs) have been at the centre of crazed investment with trade hitting $17 billion last year, a 21,000% increase from 2020. While the potential rewards in the NFT marketplace may be tempting, the current risks involving ownership, verification, law and security cannot be overlooked. Tarid.IO directors Ron Yu and Fred Chan put forth sincere questions on NFTs: Who are the parties involved in transactions? Are the sellers reputable or have they previously been convicted of fraud? What are consumers actually purchasing and what are their rights to a purchase? What's more, regulatory implications in NFT activities are still undetermined as Ron and Fred explain difficulties for programmers to develop software interactions without understanding its validity of its usage.
Released:
Jun 29, 2022
Format:
Podcast episode
Titles in the series (53)
NFT Risks: The Dangers of the Unknown (Part 2) by Regulatory Ramblings