Post by: newshunter on April 10, 2022, 07:00:25 AM
As more defunct companies try to cash in on their former glory by using various crypto avenues, experts are divided if this is really good for the industry.
Source: A double-edged sword? Once-famous brands are getting into crypto (https://cointelegraph.com/news/a-double-edged-sword-once-famous-brands-are-getting-into-crypto)
Would appreciate your opinion about this
Post by: TomPluz on April 10, 2022, 07:32:41 AM
In my own analysis and stand, we have to let the market decide whether this can be good or bad. As certainly, there is nothing wrong if once-popular platforms can be making a comeback and am sure if they will success then it would be a big story to tell how cryptocurrency and maybe even NFT and the Metaverse have become forces that helped them to get back to their former glory. Like for example...don't we have a strong and big market for things that are vintage? Old collectibles can be making good money, right? I think this is the same thing here.