NFTs Are Making A Comeback In The Corporate World
Forbes Topline
Forbes
4.8 • 6 Ratings
🗓️ 30 January 2024
⏱️ 12 minutes
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| 0:00.0 | Hi everyone I'm Rose Marie Miller here with Maria Grasse |
| 0:07.2 | Santiano Lenaris a Forbes reporter here to tell us about |
| 0:10.8 | NFTs making a corporate comeback. |
| 0:14.2 | Thank you so much for joining me today, Maria. |
| 0:16.5 | Thank you for having me. |
| 0:17.9 | For sure. |
| 0:19.1 | So Maria, could you elaborate on the shift |
| 0:21.5 | in the NFT market from its peak in 2022 to today? |
| 0:25.6 | Yeah, it's been I think certainly a very interesting two years. |
| 0:29.8 | January 2022 was when we saw like the all-time high volumes. |
| 0:34.1 | We saw a peak of $26.7 billion in sales |
| 0:37.8 | over the entire year. |
| 0:39.4 | And it was just really the craze, right? |
| 0:41.0 | Like when you think of NFTs and you think the pictures of monkey faces selling for multi million dollars and |
| 0:46.8 | everyone from Jimmy Fallon to Paris Hilton kind of showcasing that and spending that money. |
| 0:52.2 | And for what a lot of people was very confusing, right? of showcasing that and spending that money. |
| 0:52.7 | And for what a lot of people was very confusing, right? |
| 0:54.8 | Like why would you spend so much money in an image |
| 0:56.4 | that I can just right click and save on my desktop? |
| 1:00.1 | That I think embodies very much the ethos of that 2022. Now the crypto market as a whole is very different right like market volume has fallen |
| 1:07.6 | prices has fallen and it's also just became so like very saturated. There's a lot of profile picture collections a lot of |
| 1:14.8 | different just options for buyers and demand went down and so you know what we've |
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