NFTs will become a standard asset in investment portfolios within 5 years More

NFT Predictions

Non-fungible NFT tokens (the most popular new asset class of the decade) will become the standard asset in investment portfolios over the next five years, says deVere Group CEO Nigel Green.

Green makes such predictions against the background of the fact that international companies are taking the rapidly developing market of non-fungible tokens more and more seriously. In particular, last week Nike filed a lawsuit against StockX, a Detroit-based sneaker and apparel exchange, accusing it of selling NFTs that infringe on its trademarks.

Earlier in January, luxury fashion brand Hermès sued a digital artist for seeking to get rich quick by embezzling the brand and facilitating digital asset exchanges.

According to Nigel Green, the NFT market has exploded over the past year, and investors are investing in these assets for three main reasons. First, this new class of digital assets, which has value due to the rapid pace of digitalization of our world.

Secondly, various NFT business models are being actively created, especially in creative circles, and thirdly, this asset class can be used to diversify investment portfolios. The last reason, according to the expert, is perhaps the most important for most investors.

Leave a Comment