nanoWire has released a potentially controversial article “NFT Crypto Coins Marketplace Blockchain Technology Opens Nascent Growth Industry”, bringing some cause for concern, as the article may upset traditional financial institutions’ centralized banking norms.
The 1130 word article examines the high points and low points of Rare NFTs Marketplace, in the pursuit of providing a clear view of the NFT market for NFT traders, investors and creators. It’s typical as cryptocurrency replaces traditional financial industry norms, a certain element of the article is set to spark discontent amongst bankers.
Below is a portion of the piece, which neatly exemplifies the controversial element:
As digital certificates of authenticity, NFTs can function as guardians of intellectual property rights. The NFT space will ultimately look like the music publishing model, where music publishers and songwriters amass catalogs of copyrights that deliver a persistent stream of royalties in perpetuity, driving long-term valuation. The creation of a management platform that allows IP owners to manage NFT transactions (think business intelligence, analytics and CRM capabilities) is on the horizon.
A spokesperson for nanoWire, Danny Ray, says “Of course nanoWire never sets out to intentionally upset anybody. The aim of the article is first and foremost to the value of the untapped NFT marketplace blockchain technology. It is critical, however, to stay dedicated to a true voice.
Although the “NFT Crypto Coins Marketplace Blockchain Technology Opens Nascent Growth Industry” article might unsettle traditional financial institutions’ centralized bankers, the duty is to the readers. It’s more important to keep the readers informed, than to please everyone. Which is notoriously difficult to do.”
Although there has been no backlash as of yet, the possibility exists as the article discusses the nascent NFT marketplace replacing traditional financial institutions’ banking practices which affects their deposits and loan capabilities.
nanoWire has been a provider of in depth articles in the nano coin and cryptocurrency markets for the past year.
nanoWire has stated the future aims for the website are provide trending nano coin news, price predictions, and crypto technology updates. So, nanoWire hopes any controversy will pass quickly and re-emphasizes no offense is, or was, intended.