The CEO and co-founder of Electric Capital, Avichal Garg, reportedly shares a belief that the NFT projects will explode in the next bull cycle and open billion of users up to crypto.

Specifically, Avichal Garg, the CEO and co-founder of Electric Capital, reportedly regarded himself as “an NFT maximalist” – who shares a belief in NFTs assuming a primary role in opening crypto up to the general audience. 

Bearing differences to other crypto niches, NFTs have an association with aspects of the day-to-day life, nominally art, music and games. 

“I could imagine that NFTs are actually many billions of people because it’s ultimately culture. And that’s something that everybody can participate in and everybody can understand” Garg additionally remarked. 

Specifically, Garg showcased a bullish attitude regarding the utilization of NFTs in the gaming sphere, which he observes development at an exponential rate.

“In 18-24 months from now, I think we’re just going to see this onslaught of (NFT-based) games”. 

Garg also has an expectation that current bearish movements throughout the market could go on for a while, as long as the macro picture is dominated by high inflation, which means it could take another year or two before the next bull cycle appear. 

Still, when he looks beyond the current macroeconomic picture, at a 10-year time horizon, he feels extremely bullish on the crypto industry. 

“Interest rates and inflation dominate in the short term when you’re talking about a 2-3 year time horizon. But innovation is the one that dominates in the long term.”, he pointed out.