Shark Tank star Kevin O’Leary says Real Estate and Tax will shift on NFTs

Kevin O’Leary shared his opinion on the future of crypto NFTs based concepts to use in practical life. 

Kevin O’Leary is a Shark celebrity and he is a popular bitcoin and crypto proponent since last year. In the past, Kevin said that Bitcoin is worthless and also described as garbage. But later in 2021, he said that he respects Bitcoin. 

On 5 January, Kevin O’Leary appeared in an interview with CNBC. In the interview, Kevin shared his stance on the increasing adoption of the crypto industry and the adoption of NFTs based concepts in real-life use cases. 

Kevin said that there are huge chances that NFTs will have a bigger market than Bitcoin. Because the NFTs concept has much better potential that we already saw in 2021. 

Canadian Billionaire hinted that just like Digital collectibles real ownership, we can also bring the NFTs concept in real-life properties like real-estate and also in the tax-transfer services. 

He stated:

“You’re going to see a lot of movement in terms of doing authentication and insurance policies and real estate transfer taxes all online over the next few years, making NFTs a much bigger, more fluid market potentially than just bitcoin alone.”

Before this, in an interview, Kevin said that flagship traditional asset Ethereum is a much better tool to invest in in the long term, over other crypto assets. 

It is interesting to see that Kevin is not only fond of Ethereum, Bitcoin, and NFTs but also he is a good supporter of some better unique technology in this space. In the past, he supported Solana, Stable Coins, etc. 

Supported statements by the Shark Tank star are hinting that more billionaires in the future, we will see in this crypto industry, who will not only support the crypto industry but also become a better proponent to push the adoption of this technology.

Read also: Elon Musk Starlink will make Dogecoin Unstoppable: Matt Wallace