The crypto crash doesn’t mean the end of NFTs, but it does mean the industry will be more regulated and only the strongest Web3 concepts will survive
Over the past year, the number of restaurants exploring digital engagement within the NFT space continued to grow as blockchain technology became more lucrative. But what goes up must come down, and now industry analysts are citing the 2022 “crypto crash” as a reason to sell rather than invest in this still-trending industry. But do operators that just started dabbling in blockchain-backed customer engagement have to worry? And exactly how will the crypto bubble burst affect regular entrepreneurs?
“It’s a natural cycle of the markets: bull runs follows bear, rinse and repeat,” Reggie Jarath, CEO of Gather Network and blockchain expert said. “It’s survival of the fittest.”
But whereas crypto investors in the finance world might need to pay close attention to the rise and fall of the markets, restaurant operators don’t need to follow...
Read Full Story:
https://www.nrn.com/finance/here-s-how-crypto-crash-could-affect-restaurant-i...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.