Unlocking the Value in NFTs
At the recent Bloomberg Crypto Summit in NYC, a panel led by Managing Editor Stacy-Marie looked at innovative ways to harness NFTs.
Helen Hai, CEO of the Binance Charity Foundation, speaks during the Bloomberg Crypto Summit in New York on July 19.
Photographer: Jeenah Moon/BloombergNonfungible tokens, or NFTs, burst into pop-culture prominence in 2021, but they’ve been around since at least 2014. Despite current market conditions, new tokens and collections are still being launched daily, including by luxury brands such as Gucci and Prada. Tiffany’s, the iconic retailer, even announced a jewelry partnership with CryptoPunks, selling pendants based on those NFTs for around $50,000 each. During July’s Bloomberg Live Crypto Summit in New York, Managing Editor Stacy-Marie spoke with industry leaders about why they’re confident that NFTs will continue to be perceived as valuable and useful. In this episode, her conversation with Avery Akkineni, president of Vayner3; Helen Hai, executive vice president and head of charity at Binance; and digital artist pplpleasr, aka Emily Yang.