Shutterstock founder buys cryptocurrency on fall

The creator of the American photo hosting site Shutterstock, John Oringer, purchased cryptocurrency during the lastfalling. Oringer himself said this in an interview with Bloomberg. However, it remains unknown what kind of cryptocurrency and at what specific rate Oringer bought it.

“I bought at the bottom. I think these are interesting times for cryptocurrencies. I think that these instruments will not disappear anywhere, these currencies will not disappear anywhere, ”he said.

According to Oringer, real market activitywill start when the business starts thinking about integrating cryptocurrencies into their services. That being said, the Shutterstock founder believes that non-fungible tokens (NFT) will be proof of disruptive blockchain technology.

Moreover, Oringer stated that Shutterstock"Are already eyeing NFTs." However, the details of the implementation of NFT in the American photo hosting remain unknown. Also, the emergence of decentralized projects like marketplaces will only strengthen the position of decentralized finance (DeFi) tokens, Oringer added.

Oringer's comments are heard in the backgroundsale of an NFT token, into which the World Wide Web code is integrated. Earlier it became known that the auction house Sotheby's sold the NFT-token of the World Wide Web for $ 5.4 million.

The seller was the creator of the World Wide WebTim Berners-Lee, and the NFT token itself contains about 9555 lines of code. The NFT also included a 30-minute code animation, digital poster, and a digital letter from Berners-Lee. Who exactly bought NFT remains unknown, but Sotheby’s Vice President Cassandra Hutton noted that the sale of NFT was carried out in an open forum.

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