The recent interest in NFTs has led to much discussion about their potential value as financial assets. While it's true that many NFTs have sold for eye-popping sums of money, it's important to remember that the actual value of NFTs goes far beyond their monetary worth.
The cryptocurrency boom has become an incentive for developing another unexpected trend - NFT auctions. Artists, musicians, and representatives of the technological sphere sell digital copies of memes, avatars, and video clips for millions of dollars.
Did you know that last year a non-interchangeable token (NFT) was sold at Christie's auction for $69 million? This article will tell you what NAT stocks are, analyze some of the best NFT stocks you should pay attention to this year, and how to invest in them.
Experts say that due to the merger, carbon dioxide emissions will be reduced, and the transition to the Proof-of-Stake (PoS) protocol will change the functions or completely exclude miners from the blockchain ecosystem, but most importantly, The Merge will reduce Ethereum energy consumption by 99.9%
How do stimulate your employees to work more efficiently? Promise them a money bonus? And people will work overtime, taking time away from their family and friends, skipping going to the gym or theater. Actually, no. Benefits from industry leaders are much more diverse than banal money awards.
Blockchain technology is gaining popularity among both investors and consumers. These digital tokens break down patterns and force large companies to rethink their marketing and communication tactics.
After that, I recognized there was a price tag with USDs on it. Wait. USD price? How people can buy it or sell it with real money on the blockchain? That was a question that led me to the conclusion that big things will come.
According to Cryptonews, in the first three quarters of 2021, the volume of NFT transactions increased by 328%, bringing the total volume of transactions to $2.5 billion. For comparison: in the first half of 2020, the volume of transactions reached $13.7 million.
According to NonFungible.com, in the first quarter of 2021, the total market capitalization of large NFT projects increased by 2,100% (over the whole of last year, the market grew by 300%). Most NFTs sell out instantly, and the most famous NFTs have been sold for almost $70 million.
The story of the incredible hype around NFT (non-fungible tokens), which we have been observing over the past year and a half, is a textbook example of how mass and social media work, as well as loud headlines about records for promoting anything.
NFT is an investment tool that suddenly, this spring, created a whole army of millionaires, allowing people to turn literally anything into assets. But in fact, everything is still more revolutionary than it seems. And by the end of this article, you will understand why.