How NFTs dominated 2021, Creating Metaverse a Reality!

avatar

images (7).jpegsource

2021 was an incredible year for NFTS, of course non-fungibles tokens already existed since before, but past was the year where they won their greatest popularity so far, not only among the fans of the Crypto market, but also managed to reach even further, becoming public knowledge for much of the world, from news about individual pieces of digital art, being sold of several million dollars to celebrities of all fields taking out their own collections of non-fungable tokens.

This generated an incredible boom that made almost each and every one of the projects that worked or were involved in some way with this technology. Seeing abysmal price increases in many of these tokens, making an X5, an X10 or even more in some of the cryptocurrency belonging to the most promising projects. It is very normal that after such a large exposure and gigantic price increases this market sector has its due correction, which was also affected by the general crash we had in all cryptocurrency.

However, although the Hype has passed at the moment, while the NFTs continue to grow by leaps, winning more and more adoption by different companies that want to offer their own non-fungible tokens, greater recognition by society, and Applying its technology to each time more fields of the world economy, and can really become authentic assets of great value in the future. So this can and it will be a huge industry that will be developed in its greatest potential within the next few years.

6ECO52JDGRASLNBZOI5MUKLDLQ.jpgsource

The NFTs are not simple collectible virtual objects, but are a way to reinvent the digital property of assets, whether in works of art of great value, items or objects within the video games, which will come from not having any utility on the outside Of these to be exchanged between players for money or other assets of the same type, and even these non-fungible tokens also serve to use as collateral to ask for loans or staking on different platforms that pay us for having our NFTS deposited in them .

The use cases that this can lead to the real world and the digital world are very varied and will continue to evolve day after day. Moreover, while the market seems to have forgotten the NFTS, the number of wallets that contain these non-fungible tokens have been increased at this time, along with a greater number of transactions of them in the different networks and Blockchains where These move, either in the form of purchases, sales, creation, mergers, Staking and others.

Increasing also the number of buyers and sellers in the different platforms where they are traded, exponentially rising the number of active wallets that exchanged this type of assets, so the NFTS are not dead, but are more alive than ever and is by That I think this is a great opportunity to put our hands on some of the cryptocurrencies of the projects with greater potential to the future, to obtain profits as this market continues to evolve over time.

Posted Using LeoFinance Beta



0
0
0.000
1 comments