With the fever of the moment that are non-leakable tokens [NFTs], a recent article raised this question: "Is investing in ethereum safer than in non-fungible tokens (NFTs)?" What's your opinion?
John Egan
L'Atelier BNP Paribas CEO John Egan said: "Probably ether (ETH) is an investment" significantly safer "than non-fungible tokens (NFTs) at this point. Ethereum is undoubtedly the big winner when it comes to the subject are NFTs! So starting with Ethereum and an infrastructure adjacent to Ethereum is probably a significantly safer investment at this point "
He added that "buying NFTs at this stage is a lot like betting at a casino", "You know you're going to spend money, but maybe you're doing it for fun, from the experience. If you win, you are lucky. ”
"L'Atelier, a BNP subsidiary, identifies trends in the digital and virtual domains through research and analysis. Egan said that NFTs are "much more an emerging asset" and are risky at this point.
However, over the next ten years, Egan expects NFTs to be the “basic economic infrastructure in the virtual economy” as it emerges.
Egan also likened the current NFTs moment to the 2017 initial money supply fever (ICOs). He said that both trends are "very similar".
"I think the vast majority of NFT proposals currently available are caught up in a cycle of hype and have no real value," said Egan. “This does not mean that NFTs are worthless. I believe that NFTs have extraordinary value as a long-term piece of infrastructure. ”
Everything has a risk I believe, the factor is, what less risk do you want to take? It depends on the viewpoint....
