Former Goldman Sachs executive Raoul Pal believes that the non-fungible token (NFT) sector will experience a resurgence, stating that NFTs are still relevant and the technology is profound. He predicts that NFTs will come back in various formats, with art being the first successful use case. Pal also suggests that NFTs can be used for over-the-counter derivatives, private loans, and tickets. He further states that the convergence of crypto and artificial intelligence (AI) is already underway, with AI agents using token incentivization and payments. Pal sees NFTs, decentralized finance (DeFi), and initial coin offerings (ICOs) as early-stage use cases of a larger societal and economic shift. He predicts that the market cap of the crypto industry will rise by 3,900% in the next decade, reaching $100 trillion. Pal believes that blockchain technology will be the key beneficiary of this trend, creating a significant accumulation of new wealth in human history.



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