- Gary Vaynerchuk has hit back at NFT detractors.
- He said that the market at large will dictate whether NFTs will have value or not.
- Meanwhile, the crypto market appears to have paused its momentum.
Social media innovator Gary Vaynerchuk, also known as Gary Vee, reiterated his stance on NFTs, saying that they will form part of the digital landscape. In an interview with CNBC, he hit back at people including NFT detractors, saying that they make him “laugh [his] entire life.”
Vaynerchuk said that the market at large will have to decide whether something will have value or not.
“We are living more and more increasingly in a digital landscape and NFTs become assets to communicate who you are.”
Aside from discussing NFTs, Vaynerchuk also talked about the issues surrounding the crypto space at large. According to him, the main challenges preventing crypto from becoming massive are the Internet, Wall Street players, mainstream media, and the society at large.
Meanwhile, the crypto market appears to have paused its momentum, as many assets lost their gains in the previous 7 days. For instance, SLP saw a whopping increase of 300% since last week. However, it has since slashed 140% of its gains.
Recommended News :
Crypto News Land (cryptonewsland.com), also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.