On November 10th, Cuy Sheffield, head of the encryption department of payment giant Visa, said at the Singapore Fintech Festival: NFT has introduced a new mainstream consumer group into the crypto world, and people interested in general art, music or culture are getting a wave. Encrypted wallets are registered in waves. Cast your own NFT or support other creators.
Before the emergence of the NFT boom this year, crypto assets mainly attracted people interested in gold and finance. He said that the encryption industry is becoming literate and becoming cool.
The functions of encrypted wallets are also changing. In the past, it was a safe place to store digital assets. Now it may be a place where people find new music. It becomes more like a super application that affects consumers’ lives.