By Nicoleta B. Last Updated on Aug 4, 2021 at 11:51 AM
Super Crypto Conference (SCC) is a full day virtual conference for the latest insights and necessary conversations about blockchain and cryptocurrency in Asia, in particular Southeast Asia, and priming the next blockchain boom in the region.
Following the success of SCC, SCC SERIES is a series of virtual events focusing on the hottest topics in the blockchain industry.
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Non-fungible tokens or NFTs are rising in popularity as more people discover their importance. These tokens come with unique metadata and identification codes, making it easier to distinguish individual tokens. Unlike digital currencies, such as Bitcoin and Ethereum, you cannot trade or exchange NFTs. They are cryptographic assets representing the value of physical items, such as artwork and real estate, on a blockchain platform.
The excitement around NFTs feeds a similar narrative to other recent price surges such as GameStop and dogecoin, in that these are speculative bubbles brought about by stimulus cheques in the US, lockdown boredom and low interest rates.
Look no further than celebrities like music star Grimes and YouTuber Logan Paul releasing their own flagship NFTs to ride the wave. Even Vignesh Sundaresan, the entrepreneur who bought Beeple’s record-breaking artwork, sees investing in NFTs as a “huge risk” and “even crazier than investing in crypto”.
Source: coindoocom
