Cryptocurrencies, non-Fungible tokens (NFT’s) and crypto domains are all products of the skyrocketing blockchain industry.
The amount of money moving through the blockchain community is incredible and draws a crowd of hopeful goldrushes. Thousands are leaving their jobs in Hong Kong and the US to create start-ups dedicated to creating and selling NFT’s. High profile executives in Silicon Valley like Sandy Carter, the vice president of Amazon’s cloud computing unit, are throwing away their careers to work for blockchain start-ups.
Whilst there are arguably amazing price bubbles in many commodities attached to blockchain that often appear to have little to no intrinsic value, there is no doubt that blockchain technology is here to stay.