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Animoca Brands Co-Founder: NFTs Still Favored by Wealthy Collectors, They Are Core Assets with Long-Term Value
GateNews
Foresight News reports that Yat Siu, co-founder of Animoca Brands, stated in an exclusive interview at the St. Moritz Crypto Conference (CfC St. Moritz) that NFTs are still favored by wealthy collectors and are core assets with long-term value. “Are NFTs still favored by wealthy collectors? Of course. I myself am an important collector and share similar views with industry peers. For example, Picasso collectors resonate with other Picasso collectors—you belong to the same circle. My personal NFT investment portfolio has declined by about 80%, but these assets were never intended for short-term arbitrage.”
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