This is what’s standing in the way of DeFi’s ‘NFTification’

2022.06.22 22:55

This is what’s standing in the way of DeFi’s ‘NFTification’

Ask someone what an NFT is, and they’ll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for eye-watering sums.

In some circles, nonfungible tokens have been dismissed as a vehicle for speculation, with critics lamenting that demand for such assets is fueled by greed.

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