OpenSea Chief Marketing Officer Adam Hollander says the next non-fungible token (NFT) cycle will center on tokenized physical collectibles rather than speculative digital art. He made the remarks during an interview at Consensus Miami on May 15. The previous cycle, which pushed NFT market volumes past $16 billion in 2022, collapsed largely because buyers were…
On-chain collectibles are NFTs with something actually behind them. A professionally graded card sits in an insured vault, a token represents it, and in most cases, burning the token gets the card shipped to your door.