Animoca Brands Joint Creation: The NFT market will experience a strong rebound

According to Cointelegraph, Yat Siu, co-founder of Animoca Brands, stated at the Abu Dhabi Bitcoin MENA event that the NFT market will experience a strong rebound.

Regarding the recent closure of projects such as RTFKT under Nike, Siu believes this is a natural phenomenon in business development and emphasizes that the failure of certain projects does not represent the future of the entire NFT field.

Yat Siu added. Despite some failures in this field, he believes that NFTs will continue to rise as identity status commodities.