Why Deepak Thapliyal Spends Over $ 40M On NFTs

I’m sure you’ve seen some of the fancy advertisements for crypto currency. It’s been a growing trend in recent years, and there are many reasons why it’s become quite popular. The owners of these ads are also the owners of the NFTs, which are digital assets on the blockchain-a digital ledger that can be traded with other people instead of cash and is traceable by all transactions. One of them is Deepak Thapliyal, CEO of chain.com. In this article, he talks about his decision to purchase one of these rare NFTs and why Deepak Thapliyal spends so much money on NFTs.

Why Deepak Thapliyal Spends Over $ 40M On NFTs

Deepak Thapliyal, the co-founder and CEO of Chain, is one of the most influential investors in the blockchain industry. There are a few reasons why Deepak Thapliyal spends so much money on NFTs.

First of all, he believes that NFTs have the potential to revolutionize the way people spend and invest their money.

Second, Deepak Thapliyal believes that NFTs have the potential to create new modes of commerce and payment. For example, he thinks that NFTs could be used to purchase goods and services directly from merchants without having to go through a third party like PayPal or Amazon.

Third, He is convinced that NFTs have the potential to revolutionize the way people save their money. He thinks that they could be used to create decentralized asset management platforms.

Fourth, NFTs have the potential to create new forms of insurance. For example, he thinks that they could be used to create decentralized health insurance platforms.

Fifth, Deepak Thapliyal sees NFTs as a potential way to support the development of emerging markets. He thinks that they can be used to create decentralized crowdfunding platforms.

Determining the value of digital assets

Deepak Thapliyal is a venture capitalist and angel investor who has been investing in digital assets for over a year. He believes that digital assets have the potential to become much more valuable than traditional assets.

One of the ways Deepak Thapliyal determines the value of digital assets is by looking at how they are used. For example, he believes that digital assets will become more valuable if they are used to fund companies that create new products and services. This is because digital assets can be exchanged for goods and services, which means they have real-world value.

Conclusion

Deepak Thapliyal is a successful entrepreneur who has invested in various startups. Recently revealed that he spends over $40M on NFTs.

In an interview with Inc42, Deepak Thapliyal said that NFTs are the future of investment. He explained that they offer a number of benefits that other forms of investment don’t.

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