Effect of the Crypto Meltdown
By Ken Durand, Accelerator Director, The Farm & SportsTech, Boomtown Accelerators
What has been the effect of the crypto meltdown on non-fungible tokens (NFTs), especially in the sports world where Tom Brady, Rob Gronkowski, and NBA TopShots have seen some success? Given the amount of money invested in NFTs, it’s hard to see how they wash out in 2023 or 2024, but it’s likely to be a bumpy ride for those holding on to digital collectibles.