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Coinbase CEO, Brian Armstrong Speaks on NFTs and the Young Crypto Talents -Breaking

by Mike Robinson

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Brian Armstrong, Coinbase CEO, speaks on NFTs & the Young Crypto Talents
  • New York NFT conference: Coinbase’s CEO, Coinbase (NASDAQ)
  • Twitter says he was intrigued at the optimism expressed in NY regarding NFTs.
  • He is also happy to see so many young, talented people entering the crypto industry.

These non-fungible tokens have been popularized by the crypto community as a valued digital commodity. Its over 100 million dollar market cap is evident from its rising popularity in the few years since it was created.

NFTs allow crypto developers to dig deeper and envision more uses for their evolving economies. NFTs are becoming more than a digital asset. Brands are already incorporating it in DeFi and gaming.

Brian Armstrong, Coinbase CEO expressed similar sentiments in a tweet. To his more than 907 thousand Twitter followers (NYSE:), the CEO said that he was amazed at how much optimism and energy there is around NFTs this week.

His enthusiasm for the new uses cases of crypto is what he said. This will help to expand the NFT economy. Brian Armstrong tweets the above following the NFT Event hosted by Crypto Art Fair, NFT.NYC.

This event, which was held in New York from November 1 through 4, saw celebrities as well as CEOs, NFT artist, critics, collectors, and other crypto-influencers. It was notable that Busta Rhymes (an American legend in music) spoke at the event about how NFTs might change the industry.

Coinbase, without doubt, is trying to make NFT users feel welcome with their NFT marketplace. This is another important development in the Roadmap. As many cryptocurrency enthusiasts have stated, crypto is only getting started. This includes NFTs and DeFi as well as Metaverse.

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