– NFTs are currently premature in their current form, but efforts are being made to make them more mainstream.
– There are significant barriers to crypto adoption, particularly in terms of utilization.
– NFTs have the potential to become commonplace for utility rather than just stored value in the future.Pay attention to the development of NFTs and their integration into mainstream commerce as they have the potential to become commonplace for utility by the end of 2022.Are NFTs going to go boom then bust? Have they already gone bust? Are NFTs going to become commonplace and attached to every item we buy? Are NFTs attached to items going to force people to buy directly from the company to get them? Are NFTs a waste of time? Are you an e-commerce brand that is looking for ways to leverage NFTs? I don’t have the answers quite yet. But I’m pretty good at predicting trends. NFTs are premature in their current form, but there are some talented people working behind the scenes to find ways to make them more mainstream. There are massive barriers to crypto in general, specifically around utilization. Pay attention to this space though, we’re getting very close to a time where tokens and coins won’t be hoarded as stored value but instead become commonplace for utility. Prediction: we’re still really early, but if things go the way that I anticipate they will by the end of 2022. #NFTs #ecommerce #web3https://www.linkedin.com/in/jivanco