December 30, 2021

2021 Witness the Popularity of NFT Overcome Crypto!

 2021 has seen impressive growth for non-fungible tokens (NFT), becoming one of the most popular search terms this year.

Not only that, according to Google Trends, global searches for the term NFT have overtaken crypto in the last week!

The sharp increase in search traffic for NFT presents a clear indication that digital collections have entered mainstream consciousness.

According to Cointelegraph, a huge increase in demand for NFT has been seen in almost all aspects. Among them are big brand companies like Nike and Adidas have ventured into the metaverse.

While celebrities such as Snoop Dog, Grimes, Steve Aoki and Melania Trump also appeared to promote their NFT collection openly.

Additionally, NFT games like Axie Infinity and Sorare allow players to learn about crypto and NFT, as well as earn side income while playing video games.

Meanwhile, Cointelegraph also revealed that as a result of its latest research, consumers have spent more than $ 9 billion on NFT, with total sales likely to reach $ 17.7 billion by the end of 2021.

The study also showed that NFT sales have increased 60 -fold in three and a half years, from $ 41 million in 2018 to $ 2.5 billion in the first half of this year.

Faster growth is expected in 2022 by involving wider participation from many parties.