The ‘boom and bust’ pattern of NFT markets were a sobering reality check for many hopeful investors looking to get rich quick in 2021 and 2022 – but do digital assets hold promise in the long term beyond speculative volatility?
NFT investors
Latest in NFT investors
Digital asseets
NFT market crash leaves over 23mn holders with worthless investments: Report
Over 95 percent of NFT investors are now holding onto valueless investments, according to a new report
Dubai
Dubai opens first physical NFT shop in Mall of the Emirates
ftNFT Shop’s Mall of the Emirates branch will open on December 22, Thursday
alternative assets
Dubai’s $5mn NFT Art Gallery to open in DIFC
The first interactive and immersive digital art gallery will be located in the Burj Daman
Blockchain
UAE NFT marketplace to launch, offer access to experts to solve challenges amid global uncertainty
Della Casa’s NFT (no-n fungible token) venture, slated to be launched later this week, is already making a buzz among investors, with Dubai-based Meta Impact Capital selecting Lovely Humans for its maiden investment deal by its latest Metaverse Fund 1
Cryptocurrency
NFT transactions stabilise in 2022 after a volatile 2021: Chainalysis report
The digital asset boom has seen the value of some NFTs soar, with collectors spending more than $37 billion in NFT marketplaces in 2022
