Here’s the next big thing in NFTs, according to Multicoin Capital’s Kyle Samani

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Here’s the next big thing in NFTs, according to Multicoin Capital’s Kyle Samani
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ICYMI: Here’s the next big thing in NFTs, according to Multicoin Capital’s Kyle Samani

In this episode of the Scoop, Samani shared his strategy and investment thesis on where he sees NFTs going in the coming months. Samani believes that NFTs will evolve from their current form of mostly static jpegs and become more dynamic, similar to how Web pages evolved since the early days of the internet.

Another way Samani sees the NFT ecosystem evolving is through the introduction of NFTs that change over time. “Today, NFTs are pristine. With physical art you have transport costs and there is risk of things getting damaged. You could imagine NFTs that actually degrade over time, or degrade when they’re traded.”

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