$1.5 billion Web3 VC firm founder projects NFTs to rebound powered by more use cases
After recording a surge in popularity in 2021, the non-fungible tokens (NFTs) market is now in dire straights in correlation with the general crypto sector. However, a section of the market is projecting a rebound in the NFT space with a possible increase in use cases. Haun, the CEO of the $1.5 billion VC firm, noted that a return of NFTs would also be powered by the increasing.
In particular, the founder of Web3-focused venture capital (VC) firm, Haun Ventures, Katie Haun, has suggested that NFTs will make a comeback mainly inspired by the general shift to the digital world, she said during an interview with Bloomberg Crypto on October 4. It is worth noting that the collapse of the NFT market was recently highlighted by the significant plunge in the trading volume. As reported by Finbold on September 29, NFT trading volume dropped by 97% since the high recorded in January.
Source
@Metaverse_Web3_GameFi
