A ‘Trojan Horse’ for Crypto Adoption: NFT Factory President

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NFT

This is exactly NFTFabric‘s goal within its 400m2 physical building dedicated for NFT education.

John Karp from NFT Factory said that the company started this project because he wanted people to learn about NFTs and make them available.

NFT Factory includes around 130 tech and cryptocurrency leaders, artists and investors. The company also includes Blackpool.

It’s more about onboarding new people into Web3 than it is about bringing the Web3 community together with physical installations, expositions and deep dives into NFT.

“Sometimes that we say NFTs are trojan horses for crypto, we consider physical art as the best way we can touch as many people.”

NFT Factory’s membership token is NFT. It can be purchased by around 1000 people. They can then access a closed space to meet, drink coffee, exchange ideas and create business plans.

Karp spoke about the current state of NFT market. After a decline in activity last year, Karp indicated that he believes NFTs are going to remain active regardless of market conditions.

He pointed out that NFT Paris was attended by a large crowd, and he believes the bear market has more potential to generate new ideas or develop new products.

“Officially, things will get more active in the bullish market, but it’s true that people are saying the bear market for builders. Karp stated, “People are building, they are building hard.”

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Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.