It is still early days for the Metaverse.
In the past few years, many projects were started to upgrade blockchain infrastructure and DeFi ecosystems. In parallel, companies started to build more and more applications to show the massive upside of using blockchain and smart contracts. NFTs turned out to be the most prominent and promising opportunity during the second half of 2020, attracting new users into the Metaverse. And with new applications and users came new challenges and opportunities.
Although we are convinced that digital assets are the single biggest opportunity in the Metaverse, most of today’s NFTs lack provenance, have limited utility and are often produced by amateurs, and therefore have little value. This means that the NFT ecosystem needs an upgrade, or otherwise the market is doomed. And we are not alone in thinking this. The media, general public and even blockchain investors have been highly critical of the existing NFT ecosystem. But fret not: Straight Fire is here to create the future of NFTs.
Whether you want to invest in Straight Fire, partner with us, create and sell NFTs or simply stay updated on the latest developments, don’t be shy and send us a message. We will be happy to discuss in detail how we can jointly create the future of NFTs.