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NFTs - $69 million & still undervalued

Written by @kameir | Published on 2021/3/14

TL;DR
NFTs - $69 million & still undervalued - are undervalued in the real world. New York Times and Wall Street Journal are catching up to the potential of non-fungible tokens (NFT) The first Sustany NFT created on April 8th, 2018, was created in April 2013. The value ascribed to digital art is derived from a a shared believe system or social contract. The U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce, the so-called “Crypto Mom, warned that a fraction of NFT’s might be considered an investment contract under federal securities laws.

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Written by
@kameir
Managing Partner, Sustany Capital

Topics and
tags
nft|blockchain|crypto|721|ether|ethereum|art|money
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