TechFlow news, on December 12, Yat Siu, co-founder of Animoca Brands, said at the Bitcoin MENA event in Abu Dhabi that the NFT market is poised for a strong rebound.
Regarding recent shutdowns of projects such as Nike's RTFKT, Siu described this as a natural part of business development and emphasized that the failure of certain projects does not represent the future of the entire NFT sector.
Yat Siu added that despite some failures in the space, he believes NFTs will continue to rise as status and identity goods.




