Where the storage of wealth will happen in future?

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Where the storage of wealth will happen in future?

I guess that most of us it answer is as Bitcoin and I guess I might also answered the same unless I have not read about this newest sensation.

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Look like Digital goods/NFT (Non Fungible Token) are really taking market by storm and if I guess they are going to be the very authentic store of wealth for the riches.

I see from very old times ,people always purchased antique and rare artifacts to show their riches or in other words preserve their riches. With the advancement of technology , users keep seeing value in the digital goods/virtual worlds and keep spending money on these virtual worlds and in fact they are are generating some good money from it.

Even before the Blockchain come in to existence we have seeing the nice selling of Digital goods in game like Entropia_Universe and Second_Life

Blockchain just make it easy for storing these Digital goods and allowing the seamless transfer of these entities using cryptocurrencies.

Recently Cryptopunk NFT makes headlines when it got sold for 605 ETH that vas valued around 762K USD at that time. Digital land in Blockchain game is also making more ripples when the Digital land in game Axie Infinity sold for 888.25 ETH that marking is approx value of 1.5 million USD at that time.

I see this market coupled with blockchain is going to huge because it rule out possibility of counterfeit and if you saved your keys properly and keep yourself anonymous , then you possibly protecting your valuables from theft too.

Currently we see Defi markets/coin are really making wave and I think in coming days we might be seeing some very nice Defi-NFT will be making wave and everyone might be rushing to get some rare NFT to lock their wealth.

As far Bitcoin goes it will be remain gold standard of currency but when it comes to really locking the wealth ,I am wondering riches might be in future will be locking their wealth in form of rare NFT's that will also act as collectibles for them.

It will be really interesting to see how this market develop and perform in next couple of years.

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Please feel free to upvote ,comment and reblog.

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13 comments
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Shared in reddit, My userid in Reddit is /user/r1s2g3

Shared in Publish0x, MyPublish0x user_id is /@Rajat-G

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Hola, @r1s2g3 este es un tema que cuesta asimilar, pero l proceso va encaminado...esto del movimiento de las monedas virtuales y lo que significa el NFT.

Saludos...buena información y visión acerca del tema que presentas.

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NFT and decentralised gaming are some of my biggest bets for the future of crypto. The gaming industry is huge and coupled with blockchain technology, it can reach greater heights.

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Very well said, Digital gaming is already making waves, if coupled with blockchain it not only give secure medium of storage but also make the transfers og assets easy

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Cryptocurrency is the virtual medium of transaction that will take over strongly in the nearest future. I am seeing sports to be one of the most used token in the future. Sport is life.

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No denying fact that cryptocurrency is going to have more strong presence in coming future and NFT associated with sports can become really valuable.

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Hello friend @r1s2g3
Technology is expanding their area so the art and not are the area where they are Technology is expending their reach. So many blockchain games are using the concept. I have seen some not sold for thousands of UDD in Splinterlands game but I am surprised to know that some of NFT also sold for millions of USD as you mentioned in post.
No doubt this are may be the favorite for rich peraons. NFT showroom is also a classic example where everyday NFT are purchased and sold.
Thanks for sharing dear...

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yeah, they are only 9 of the kind.

I think once land become functional, you will really see the some nice price of lands that have castle or keep in it.

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could be along with the crypto the NFTs will also be the future.. Hoping for the NFTs associated with HIVE also show some momentum that would be great for all of us here. cheers

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Official Second layer in Hive is much awaited and more we delay it, more will lose the ptential market.

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Yeah I also heard about this. People have already started buying virtual lands and other assets in the form of NFTs. In the future even holding Bitcoin can be a pride more than a usable token. For day to day usability Bitcoin may not be suitable in the near future if price keeps pumping like this. People will then start holding them just for pride and nothing else.

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Even before the Blockchain come in to existence we have seeing the nice selling of Digital goods in game like Entropia_Universe and Second_Life

Decentralised games with their NFTs will be one of the most effective tools to spread knowledge of blockchain among the masses.
I am convinced of this and I completely agree with what you wrote in this post of yours.
!BEER

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