Growing secondary market to help NFTs mature as asset class
The growth in secondary market for NFTs is quite encouraging, will help to establish the asset class, says WazirX NFT Marketplace head Sandesh Suvarna.
The growth in secondary market for NFTs is quite encouraging, will help to establish the asset class, says WazirX NFT Marketplace head Sandesh Suvarna.
“India will see a unique marketplace in NFTs. Utility and fandom will drive the NFT uptake in India. Such NFTs will drive different business models,” say analysts at Deloitte.
The first NFT of 'Chakra – The Invincible', co-created by Stan Lee, dropped on December 27. It featured 6,865 unique art pieces and was sold out in 51 seconds.