Crypto IRL: What Went Wrong with NFTs?

Non-fungible tokens, or NFTs, have mirrored the broader crypto world by crashing in value over a very short period of time. They were supposedly meant to give more control to musicians and artists when it came to their work. But as big corporations move into a space previously inhabited by innovators, is that vision of the NFT dead? And can the underlying technology prove useful even if its promise as an investment is never realized? Ian Rogers, chief experience officer at Ledger, and Emily Yang, aka the artist pplpleasr, say NFTs remain a benefit to art and society, and someday will be collectibles the way vinyl albums and t-shirts once were. But John Reed Stark, a former SEC enforcement attorney, says the entire concept of the NFT is one ludicrous ripoff.

Genre: Business, Technology

Duration: 00:22:51

Rights: Inflight & Transportation – Worldwide, TV/VOD – EMEA

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