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Tether Co-founder William Quigley Says NFT May Become A Daily Necessity Within A Decade
Summary: According to Bloomberg, non-fungible tokens, which are digital certificates of authenticity powered by blockchain technology, have the potential to add value for not just artworks but also everyday essentials such as retail goods, according to William Quigley, a co-founder of stablecoin Tether. “All consumer products -- that can’t be eaten -- in the next 10 ...
According to Bloomberg, non-fungible tokens, which are digital certificates of authenticity powered by blockchain technology, have the potential to add value for not just artworks but also everyday essentials such as retail goods, according to William Quigley, a co-founder of stablecoin Tether.
“All consumer products -- that can’t be eaten -- in the next 10 years will have digital twins. They will have NFTs,” Quigley said in a recent interview.
There’s a growing debate over the outlook of what some consider a key element of futuristic financing and others see as yet another digital asset bubble created by excess liquidity and inflation fears.
By Amy Liu
Tags: Necessity,NFT,Tether,William Quigley
Link: Tether Co-founder William Quigley Says NFT May Become A Daily Necessity Within A Decade [Copy]
