How NFTs Live Because Investment Promise Fails: Crypto IRL

The chief experience officer at crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you will die.

Ian Rogers says the concept of non-fungible tokens makes sense to a younger generation – those who spend hours glued to screens, online, and almost at school at the height of the pandemic.

Read also: Tendulkar invests in NFT Store backed by Dream Sports

“It’s not an alien concept,” he told us in the most recent episode of “Crypto IRL.”

Emily Yang, the artist known as PPPlacer, sees NFTs as a reflection of society and what they once would be collectibles like vinyl albums.

NFT skeptics, however, urge caution. John Reed Stark, a former SEC enforcement attorney, says the whole concept is a quirky ruse. “It’s a big scam,” he said. “It’s a huge Ponzi scheme.”

This story has been published without modification in text from a wire agency feed.

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