Saudi Arabia Princess on NFTs: 'They Are the Next Medium of Artistic Expression' – Interview Bitcoin News

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Princess Reem Al Faisal's comments about NFTs follow reports that she had launched her first NFT as well as the first virtual exposition of Saudi NFTs. NFT metaverse

Non-fungible tokens are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said.According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that gives artists the freedom to reach different races, cultures and places. Al Faisal also asserts that NFTs have done what decentralized finance has done to finance — they have “decentralized art.

Remarking on the reaction to her own NFT launch, the Saudi princess said she is surprised that people still fail to see NFTs as a new way of exhibiting art. She said: Yet, in spite of their role in empowering artists, NFTs have been targeted by critics who insist the tokens are being used to launder money. A British security and defence think tank, Royal United Services Institute , appeared to be back the claims when itHowever, in her comments during an exclusive interview with Bitcoin.com News, an unfazed Al Faisal said she will continue to keep abreast with the changing trends.

 

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NFTs, Cryptocurrencies and Web3 Are Multilevel Marketing Schemes for a New GenerationThere’s a paradox at the root of the growing crypto ecosystem—a disconnect between the technology and the economics All you write about is crypto Rffing morning we know, and were buying the narrative, It will be world wide one day, no more stressful banks. Moonalice There is zero mainstream takeup of day-to-day crypto usage... because there are zero mainstream use cases for crypto. Aside from the rampant fraud, there's also the massive daily risk of loss:
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