In recent weeks and months, there has been a continuous rise in public awareness of NFTs and the metaverse as many celebrities and companies begin to prepare for the transitions to these emerging fintech models and platforms.
In an interview with Kitco News host David Lin at the Paris Blockchain Summit, Gate.io Chief Marketing Officer (CMO) Marie Tatibouet talked about what should we expect regarding the future of NFTs and the expansion of the crypto industry in general.
Tatibouet stressed the importance of the increasing popularity of the tokenized collectibles, especially while a large number of new users in the market started to enter the crypto space through NFT’s instead of more traditional established and popular cryptocurrencies like Bitcoin and Etherium.
“Most new users to crypto are getting involved with NFTs for the first time, not Bitcoin or Ethereum, and what we’re seeing right now is that KYC isn’t really a barrier anymore.”
Talking about Kevin O’Leary, lead investor in Shark Tank, who said he believes NFTs will be bigger than Bitcoin in terms of market cap, Gate.io CMO admitted:
‘“Exactly. I think 100% because the NFT market can be very different things and for example I think all artworks will have NFTs or fragmented NFTs and will be associated with each piece of art 10 years from now and not for a short time. I’m almost sure of that.”