Interview: How the future looks for non-fungible crypto tokens and integrated blockchains

NFTs are an exciting but relatively new asset in the market, within which several adjustments still need to be implemented at the infrastructure level. For example, there is both on-chain and off-chain data of NFTs. The off-chain data needs a reliable storage solution, this, in turn, is a huge requirement to the decentralized storage domain.
Also, when an increased number of businesses are on-chain, more rules and regulations must be applied. Since NFTs represent all kinds of unique assets in digital form, it is imperative that more financial tools are integrated as DeFi continues to mature. There are still several challenges in this space, primarily due to each channel progressing on parallels as opposed to together. However, we look at this challenge as an opportunity in line with the IRISnet connectivity roadmap.