- 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.
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