In recent weeks and months, there has been a steady rise in public awareness of NFTs and the metaverse as some celebrities and companies begin to prepare for the transitions to these emerging financial technologies and platforms.
Speaking with Kitco News host David Lin at the Paris Blockchain Summit, Gate.io chief marketing officer (CMO) Marie Tatibouet talked about the future of NFTs and the growth of the cryptocurrency industry in general. Tatibouet highlighted the rise of tokenized collectibles, especially in light of the fact that a large number of new users in the market are entering the crypto space via NFTs rather than more traditional established cryptocurrencies like Bitcoin as they have done before:
“New for crypto most of the users are getting involved with NFTs for the first time and not with Bitcoin or Ethereum and what we are seeing now is that KYC is not really a hindrance anymore.”
Gate.io CMO admitted when talking about Kevin O’Leary, a lead investor in Shark Tank, who says he believes NFTs will be bigger than Bitcoin in terms of market cap:
“Absolutely. I think 100% because the NFT market can be very different things and for example I think all artworks will have NFTs or fragmented NFTs and will be associated with each piece of art 10 years from now and not for a short time. I’m almost sure of that.”
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