Techpoint Africa Podcast

NFTs didn't die, here's what happened

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Episode notes

Today's podcast is all about Non-fungible tokens (NFTs) and we have Michael Ugwu, NFT Collector, Angel Investor, and CEO Freeme Digital as our guest.

2021 was the year of NFTs, but once the bear run started, the rave died down. But the real question is, are NFTs dead? Michael answers this and more on today's episode of the Techpoint Africa Podcast.

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Timestamps

00:00 - Intro

02:47 - We meet Michael

04:25 - How big an investment NFTs were

07:32 - How transformational NFTs were to the art space in Africa

09:27 - What happened to NFTs?

13:13 - What's happening in the Alpha Chart market?

15:22 - Can NFTs be separated from crypto?

17:21 - The problem with the last cycle and NFTs

18:20 - Should creative people still turn their work into NFTs?

20:35 - Decentralisation unlocking more innovation

25:18 - Music and the NFT space

29:14 - NFTs do well when people get crypto rich

33:21 - The slogan for this year's bull run

Useful links

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Commercial Bank of Ethiopia recovers $10 million from its $14 million system glitch loss

This episode was produced by Ogheneruemu Oneyibo

Email us your feedback at [email protected]. Visit www.techpoint.africa/ for more stories.

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

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