Webinar - NFTs: The Future of Art or Just Another Bubble?
The NFTs (non-fungible tokens) market obtained a massive boot in March 2021 when Christie's auction house sold a digital artwork for US$69 million. Suddenly there is a global NFTs hype! About US$40 billion has been invested into the NFT market in the first six months of 2022. While some view NFTs as just a bubble, compared it with the tulip mania in the 17th century, especially with the recent declines in overall crypto-asset prices, others perceive it as an innovation that change not only the digital art markets, but also the business landscape of other industries. This webinar will introduce what NFTs are, how they are used and what their risks and challenges are, and most importantly, what opportunities NFTs might create for business.