While non-fungible tokens (NFTs) have risen to the mainstream recently, they actually date back to 2012. It’s taken many industries almost a decade to realize the massive potential that NFTs can have for their businesses.
While shocking headlines catch the eye, risk experts believe the recent crypto market events could be catalyst for much-needed change in the industry
It feels like only yesterday that celebrities from Stephen Curry to Jimmy Fallon were clamoring to purchase Bored Apes. The average sale price for BAYC NFTs reached an eyewatering $200,000, with some individual pieces commanding over $1,000,000. But that was so 2021.
Just as many investors were getting comfortable with the concept of stablecoins and their place in the crypto market, the TerraUSD (UST) scandal caused them to stop in their tracks.
Chiliz (CHZ) is a digital currency designed to encourage fan engagement and unlock new revenue streams for clubs and teams. The CHZ token is now used by many of the world's largest sporting teams, including FC Barcelona and Paris Saint-Germain.
2021 was a year of record highs for the cryptocurrency industry, including an 81% hike in cyber crime.
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