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Liquidity Premium a Driver of NFT Prices and Value
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cryptonews.comA “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 the world” in the same manner as NFTs, where trades can be conducted in seconds – and ownership can be transferred in the blink of an eye.
Kyle Samani, the Co-Founder and Managing Partner at the investment firm Multicoin Capital, concurred. He
Read more on cryptonews.comAbout this in other media
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