Understanding the valuation matrix There is no rule book on how to assess an NFT valuation. The metrics you use for evaluating private companies or conventional investment vehicles such as shares are simply not applicable to NFTs. Usually, the payment rolled out by the last buyer gives some indication of the value. For NFTs, however, it is hard to guess what the next buyer might pay, depending on their estimates. Most buyers lack the skills to ascertain the value of NFTs logically and base their quotes on guesswork. For sellers too, it is hard to determine what they might end up receiving for the tokens they hold. Over time, the value of NFTs is driven by a perception over which both buyers and sellers may lack any control. An example can bring home the point even better. An artwork NFT mi...
Immediate past General Manager of the Lagos State Infrastructure Maintenance and Regulatory Agency, LASIMRA, Chief Jide Odekunle, during the administration of Governor Akinwunmi Ambode in Lagos State is dead. He was said to have died at age 53 of COVID-19 complications. A top government official who confirmed this to Vanguard said late Odekunle died of COVID-19 complications at the Onikan isolation centre. The source also stated that his death came as a rude shock to his family and friends in the state. Odekunle was a 1989 computer science graduate of the University of Ibadan. He had a distinguished career in sales and marketing and held senior management positions in several multinationals including Schlumberger Omnes, GS Telecom, Suburban Telecom, Nera Microwave and Ceragon Networks. He ...