Interview with Charlotte at Finance Magnates. Full interview in the Quarterly Intelligence Review.
Although the first non-fungible token (NFT) was launched as early as 2015, the market fever around this exciting asset class did not kick off until 2020 when it broke all-time records. The value of NFTs sold in the third quarter of this year reached a record level of $10.7 billion, and the craze around them is no longer reserved exclusively for a narrow group of crypto and blockchain enthusiasts.
The NFT industry has embraced digital artists, celebrities, actors and large companies to look at and engage in this fast-growing industry as a way to maximize profits and build brand awareness. But, are NFTs suitable for everyone? Do they bring added value to retail investment platforms, foreign exchange (Forex) and contracts for difference (CFD) brokers?
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