Watch: Gary Vaynerchuk breaks down future of NFTs: It's going to take time for them to penetrate mass scale
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Gary Vaynerchuk, founder and creator of VeeFriends, joins CNBC's 'Squawk Box' to break down his outlook for the future of nonfungible tokens, or NFTs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Francisco Gimeno - BC Analyst The NFT's space has the outrageous prices but in real economics the value is probably very different, for many reasons. The hype will make the bubble burst and the next iteration will leave NFTs which are sound and a space changed from what is now for the best, as NFTs will have a better foundation to be used in the Metaverse. NFTs will be another element to have and use in our digital life. This will be a sign of the understanding of technology shift when many, not just those who like to invest (both institutions and retail), will be visiting and doing their lives in different Metaverse platforms where they will find these Non Fungible Tokens to be used for many things, some probably we haven't even realised yet.