NFTs will act as high-end property during boom cycles: Real Vision CEO
The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles. Real Vision CEO and co-founder Raoul Pal believes nonfungible tokens (NFTs) will act similar to “high-end property” in the traditional economy, outperforming Ether (ETH) during crypto market boom cycles. In an hour-long YouTube video published on Feb. 20, the former JPMorgan executive offered a run-down of what he felt most bullish about when it came to NFTs, including key use cases for the asset class, its underlying tech, and its potential performance relative to Ether. Boom! Here you go... My deep dive thesis and understanding on NFT's, what they mean, where they are going and why they are important and more.. It's all Ive got right now but will evolve! I think it's a really important piece. Appreciate any feedback!https://t.co/JMOdBnmrxh — Raoul Pal (@RaoulGMI) February 20, 2023 Pal said just as “ high-end ...