Raoul Pal, a former executive at Goldman Sachs, believes that the non-fungible token (NFT) sector is still relevant and poised for a significant comeback. Taking to the social media platform X, Pal expresses his view that NFT technology is groundbreaking and foresees a resurgence in various forms within the crypto sector. He asserts that NFTs are far from dead, with art being the first true product market fit, but many more applications will follow suit. Pal highlights over-the-counter derivatives, private loans, and tickets as perfect use cases for NFTs.

Furthermore, Pal suggests that the convergence of crypto and artificial intelligence (AI) is set to transform the world. He states that this process has already begun, with the crypto casino serving as the first phase, albeit in a crude and basic format. However, Pal emphasizes that AI agents will use token incentivization on each other and humans, and tokens will be employed for payments and profit in compute costs.

Pal, who is the CEO of Real Vision, describes NFTs, decentralized finance (DeFi), and initial coin offerings (ICOs) as early-stage use cases of a monumental societal and economic shift. He predicts that the market cap of crypto will skyrocket by 3,900% in approximately ten years. Pal firmly believes that blockchain technology will be the primary beneficiary due to the powerful behavioral incentives of tokens, leading to a continuous upward trajectory. Currently, the crypto economy stands at $2.5 trillion, but Pal envisions it reaching $100 trillion within the next decade. This trend will result in the largest and fastest accumulation of new wealth in human history. Pal concludes by urging readers not to miss out on this opportunity, as he believes that everything will change within the next six years.