Non-Fungible Tokens or NFTs have been the buzzword in the recent past and in 2021 we saw these digital assets gain traction. For instance, “First 5000 Days”, a Beeple’s crypto art, got sold for USD $69 Million in March 2021. Ever since their origin, NFTs are propelling to market dominance.
According to Statista, NFT trading activity more than doubled in the period of July and August ’21 and there were around 280,000 unique NFT buyers and sellers in august 2021. The substantial increase in user count is propelling NFTS towards market dominance.
GameStop, a US-based online retail gaming giant that sells consoles, games, and other electronics has announced its plans to launch its own NFT marketplace by the end of July 2021. Read this blog to learn about the significance of NFTs in 2022 and what it means for individuals like you.READ MORE