Stocks and Property Will Be Turned Into NFTs, Venture Capitalist Says

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Company stocks and real estate will be among the many things that get turned into non-fungible tokens in the future, according to Bill Tai.

in 2021 as the speculative crypto-asset boomed in popularity. Some of the world's best-known companies including Coca-Cola and Gucci have also sold NFTs.

"Web 1.0 was read-only," he said."Web 2.0 is read-write. Web 3.0 is the instantiation of a wrapper around everything that's coming in and out of that screen so that it can move around. So it's an internet of assets." Like many other NFT advocates, Tai is also interested in cryptocurrencies. He described the latest crypto collapse that saw bitcoin's value briefly fall to less than $40,000 on Monday as"yet another wobble" but he's optimistic it will bounce back.

 

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