As Traditional Economies Freeze, NFTs and DeFi Show Promise

Written by adam-stieb | Published 2020/08/16
Tech Story Tags: nft | nfts | crypto | cryptocurrency | non-fungible-tokens | defi-top-story | defi-vs-traditional-finance | nft-economy

TLDR As traditional Economies Freeze, NFTs and DeFi Show Promise.632 reads grotesquely 632 reads: 2020 has seen economic contraction on an unprecedented scale. As a result, when the virus does subside, it is unlikely that, economically speaking, there will be a return to pre-virus norms. The report was centered on China, but the trends identified are taking place on a global scale. Digital transformation is happening across entire economies right now. With the economy in a full bore digital transformation, the sector that many have circled as most likely to benefit from the shift is that of cryptocurrency and blockchain.via the TL;DR App

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Published by HackerNoon on 2020/08/16