NFT REVIEW NEWS Kraken Exec Says NFTs Will be Disruptive Like Cryptocurrency

Both online and offline, there is endless discussion about NFTs and what they mean for the world. Some consider them revolutionary and others do not. But according to Jonathon Miller, the managing director of Kraken Australia, NFTs are on track to be as disruptive as cryptocurrency. 

In an interview with CoinTelegraph, Miller touched on the state of NFTs and said that despite the ongoing crypto winter that has affected NFT trading volume, we are still seeing their adoption. While many have been quick to write off NFTs based on the current situation, he is not. 

Instead, he says that Kraken remains bullish on NFTs and that they will be “just as disruptive and innovative as Bitcoin was 10 years ago.” It is worth noting that cryptocurrencies were a major catalyst for the increase in blockchain adoption and visibility. 

Starting out as a novel concept that was known by so few, cryptocurrencies like Bitcoin are now globally known and used. While Miller believes that the same can be done with NFTs, he does acknowledge that there are a few barriers to adoption. Mainly, he cited the difficult user experience and said that Kraken is working towards addressing this problem.

Let’s just hope that in 10 years, this prediction has aged well.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

26 NFT Points
Upvote Downvote


I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

NFT REVIEW NEWS Steve Aoki Goes Undead with Deadfellaz

My Crypto Lawyer Sec Speeches Cryptocurrency Meeting Investor Demand for High Quality ESG Data