Trading volumes in non-fungible tokens or NFTs for short, have tumbled 97% from a record high in January this year, as part of a wipeout in the crypto sector.
Despite the ongoing headwinds in the NFT scene, one company making toy collectibles believes that opportunities do exist in the industry. It says the key is to mix digital assets like NFTs with real-life privileges that benefits us in our reality.
But what will this look like? On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Darryl Tan, Head of Meta at Mighty Jaxx. Mighty Jaxx is a physical collectibles manufacturer and designer and have ventured into the NFT scene in recent years.