Strength in Large Numbers

12/11/2021 – ChessBase has minted a series of NFTs on world chess champions. The success of NFTs is closely linked to the current rise of cryptocurrencies like Bitcoin and Ethereum. Here, we take a look at this fast-growing world of virtual assets. At their current stage, cryptocurrencies are still viewed with a great deal of controversy. For many, they are breakthrough technology, growth market and a sharp sword to protect civil rights. Others see them as a speculative bubble that diminishes the capability for monetary policy of central banks because they can no longer be controlled by central authorities.