A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs Gone Wild,” on a panel named “NFT Valuation: How to Value NFTs.”
Svanevik stated that “one of the reasons” why NFTs have become “so valuable” of late is that “physical goods can’t easily be traded across
Read more on cryptonews.com