What’s next in the next phase of the crypto industry?

NFT

The future of the NFT market will be the central theme of the conference.

(Photo: mauritius images)

Frankfurt Fabian Vogelsteller was there from an early age. In 2015, the Berlin programmer hired the Ethereum Foundation, which has built what is now the second largest blockchain. Together with co-founder Vitalik Buterin, Vogelsteller developed a token standard on which the vast majority of cryptocurrencies are based today.

Vogelsteller is now in the process of helping to shape the next big phase for the crypto world. “We are moving away from purely financial to creative applications,” he clarifies. In order to be prepared for this, he is working with his start-up Lukso on a blockchain that is aimed at artists and designers, among other things, and is intended to make the use of tokens and so-called NFTs more user-friendly.

NFTs made their big break this year. These are digital certificates of authenticity that are mapped on the blockchain and determine, for example, which user owns certain digital art, fashion and collectibles.

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