Loopring CEO: We Will Never Get Involved In NFT

WANG Dong, CEO at Loopring, stated his negative outlook on NFT in WeChat Moments, adding that he and Loopring will never engage in the NFT field.

NFT is not a necessity in any field and will not form a fully circulated market, he said. At present, NFT is more of a hype, attracting people to invest in it, with a potential loss, according to his post.

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