At the height of NFT mania, digital rabbits from NZ-based Fluf World were selling for the equivalent of $32,500 each. Read more:* 20-year-old Waikato’s $103m NFT scheme causes controversy in gaming world* Frame: What Are NFTs Anyway? MacDonald is the CEO of Futureverse, a company aiming to create a new digital realm where, it plans, Fluffs will mature. She wasn’t surprised that NFTs had been through a boom-bust cycle, as excitement often blossoms when a new concept or technology emerges. Sims was familiar with the team behind Flufs, and said it had expertise in digital design and blockchain, which was encouraging.

Source: Stuff April 09, 2023 03:07 UTC