Australia’s youngest Rich Lister used to frustrate his parents by devoting a lot of time to video games. Now he co-owns a company worth $3.5 billion.
podcast that riding out the latest crypto bear market is “a reasonably easy process” because he’s been here before.“Immutable was born into one of the biggest bear markets in crypto of all time,” Ferguson says.“That really forced us to focus on developing a product that people wanted to use, rather than papering over it with a bull market and incentives and crazy token prices.
“And they will be tokenised via the data structure of an NFT. So, in 10 years, we expect the vast majority of industries with unique value, whether it is real estate and trading houses, or whether it is the trillion dollars’ worth of T-bills or term deposits that are outstanding liabilities today, to be tokenised and transformed into NFTs.
He was dux of his year at Knox Grammar, but even though he was punching above his weight academically, he and James would frustrate their parents by spending a lot of time playing video games. By the time he was in year 9, he was working with his brother on side projects. They became obsessed with developing digital products.
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