Today news
About the same in other media
Liquidity Premium a Driver of NFT Prices and Value
Reading now: 349
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
DeFi lending platform’s integration with Polygon will facilitate efficient token swaps with deep liquidity cointelegraph.com /2 years ago
IDEX to launch hybrid liquidity decentralized exchange on Polygon cointelegraph.com /2 years ago
Stablecoins: Terra(UST) reveals liquidity plans; USD Coin(USDC), Tether(USDT) have a lot going on ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
