Cryptocurrency

This is what’s standing in the way of DeFi’s ‘NFTification’


This is what’s standing in the way of DeFi’s ‘NFTification’

Ask someone what an NFT is, and they’ll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for eye-watering sums.

In some circles, nonfungible tokens have been dismissed as a vehicle for speculation, with critics lamenting that demand for such assets is fueled by greed.

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