Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility.A steep collapse in the price of nonfungible tokens shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.
“As people become more educated about NFTs, their use cases and their utilities, the market will stabilize and the focus will shift from speculative trading to genuine utility and innovation.” “Any innovation — especially this one with financial impact, cultural value and status — will attract questioning during its downs,” she said.
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