CoinVoice has recently learned that, according to Cointelegraph, Yat Siu, co-founder of Animoca Brands, stated at the Abu Dhabi Bitcoin MENA event that the NFT market is set to rebound strongly.
Regarding the recent closure of projects like RTFKT under Nike, Siu believes this is a natural phenomenon in business development and emphasizes that the failure of certain projects does not represent the future of the entire NFT field.
Yat Siu added. Although there have been some failures in this field, he believes that NFTs will continue to rise as status identity goods. [Original link]