NFTs are getting enterprises excited about the future of finance, but regulations are still needed to reach mainstream adoption.
Nonfungible tokens, or NFTs, are known by the mainstream as digital assets that represent real-world objects such as art, music and fashion, among others. Yet, while most of the world may be enamored by the high selling prices of NFTs launched by celebrities, athletes and other famous individuals, nonfungible tokens are starting to pique the interest of corporations for business use cases.Enterprises embracing NFTs was a point discussed during the Enterprise Ethereum Alliance, or EEA, anniversary event that took place virtually on July 29, 2021. During a keynote session, entitled “The future of Ethereum and Web3,” Joe Lubin, CEO and founder of ConsenSys — a blockchain software company — mentioned that “NFTs are doing a tremendous job of getting enterprises excited.” Following the EEA
ETH Price Prediction Bearish – Prepare for 1k ETH as Green Crypto Ecoterra Pumps
In the cryptocurrency market today, all eyes are on Ethereum. After the lows of late 2022, the token…
