Historically physical assets have been the main driver behind the value; however, we now live in an age where digital or intangible assets have proven to be more valuable. Banks generally lend money on cash flow and assets, never taking into consideration the intangible asset that might have less risk or could be sold more than once should things go wrong. Companies that truly understand their digital footprint their intangible assets have thrived over the last few decades.
With the world in lockdown companies will need to be very clear on their digital narrative and how the intangible part of the business adds value, how to leverage it and commercialize it. A great example of this is NFTs, you only need to look at Open Sea to see the huge demand for art in a digital context. The world is changing its time to look at things differently.”