NFTs Brought a Whole New Class of Consumers into The Crypto Space, Says Visa Executive

Cuy Sheffield – Visa’s Head of Crypto – believes non-fungible tokens have opened the doors to people interested in music, art, culture, and sports to enter the cryptocurrency market. In addition, meme coins like Dogecoin and Shiba Inu have also garnered society’s attention and have brought more participants to the digital asset space.
NFTs Raised The Popularity of The Crypto Industry
During a recent panel discussion at the Singapore Fintech Festival, Cuy Sheffield – a top executive at Visa and head of the crypto department of the company – said non-fungible tokens had lured new people in the crypto bandwagon.
Before NFTs, the digital asset space was attractive mainly to individuals interested in finance and gold, while now fans of music, culture, sports, and art are also keen on the asset class, he opined.
“Crypto is becoming cultural, it’s becoming cool. It used to be that if you were investing in crypto, you were kind of weird.”
Another factor that increased the glo

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