Mike Novogratz Predicts Great Future to NFTs

Published on: 24.07.2021

Renowned investor, crypto proponent, CEO of the Galaxy Digital fund Mike Novogratz believes that a great future awaits non-fungible tokens #NFTs as he expects them to penetrate every industry in the future.

Mike Novogratz expects the non-fungible tokens sphere to prosper in the future as every industry will be using them to profit.

In a recent episode of Next with Novo, Novogratz shared a recent talk Devang Thakkar from the Christie’s Art + Tech Summit, where the prominent supporter of Bitcoin, Ethereum and altcoins shared his take on the future of the NFT.

Novogratz, an early institutional investor in Bitcoin and the earliest Wall Street investor in Ethereum, expects non-fungible tokens to prosper as every industry is going to start using this technology to create community, to grow it and to earn profits.

As an example, Novo mentioned healthcare records that are going to be NFTs soon. Fashion brands, music industry, creative industry, etc, will start utilizing this novel tech.

“Your healthcare records will be NFTs, every brand, every fashion brand, everyone who owns an IP, the music industry, the creative industry, is going to figure out ways to use this technology to build community, to grow community and to profit.”

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