“I think the technology and just this concept of proving digital ownership of something, it feels so inevitable, I think there’s just a lot of hype right now. I think it’s one of those things where we’re going to get past that. But I think the technology itself is sound enough that it’s going to outlive that and it’s something that’s going to be around for a while here.”
Beeple uses the early days of the internet to reference his viewpoint. As he explains, the internet enjoyed a lot of media attention, until the bubble crumbled. However, he notes that the presence of the internet, despite the rocky beginnings, is proof that new technologies like NFTs can survive.
“There might be a hype, and it might wipe out a lot of projects that didn’t have real, actual value.” He asserts, and added that “But I think the technology itself is sound enough that it’s going to outlive that and it’s something that’s going to be around for a while here.”
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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.
