Automakers are minting NFTs, but is there a strong use case? By Cointelegraph
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Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.
From refueling stations and maintenance garages to tech giants like Uber (NYSE:), the world has created countless businesses catering specifically to the concept of car ownership. This, in turn, has led to more profound innovation within the automotive space, producing an array of services that are collectively worth much more than the automobile manufacturing industry alone.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did.
From refueling stations and maintenance garages to tech giants like Uber (NYSE:), the world has created countless businesses catering specifically to the concept of car ownership. This, in turn, has led to more profound innovation within the automotive space, producing an array of services that are collectively worth much more than the automobile manufacturing industry alone.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.