Before 2010, no one knows what is blockchain, but after the decade people have witnessed the rapid development and changes in the blockchain world, during 2010 to 2015 Bitcoin dominates the headlines, in 2018 Defi caught the fire, and in the current year the NFT undoubtedly the hottest topic of the world. The NFT world’s total market capitalization reached $2.5 billion and sales of NFT assets reached $1.5 billion in a current single month.
When general people talk about NFT they always refer it to the JPG pictures or digital PNG market without realizing its true market value, when these people watch the NFT transaction value often jumps from their seats and become excited and mistakenly purchased the low quality work without considering the actual application scenarios and NFT speculation boom.
During last year, the explosive growth of NFT left far behind Defi, the market attention of NFT has surpassed the Defi and become equal to Bitcoin, you can witness by yourself, even after the Russian-Ukraine conflict the NFT market has continued to be attractive and active, currently, price of Bitcoin show fallen trend, the entire Defi market have become deserted but NFT market
NFT will absorb any real-world item
The NFT brings new changes in our technological world, NFT cards, games, clothing, and even real estate corresponding scenarios generate new and surprising application ideas. NFT investment is no more invisible in the digital world but becomes the mapping chain to link any type of work with NFT which was previously not available.
How can NFT owners monetize digital assets?
Offering the proprietors of IP, such as material designers, schools, and universities, pharmaceutical giants, musicians, sporting activities stars, inventors, as well as business owners, want to include the IP when offering digital and also physical possessions making use of NFTs, then the possibilities are limitless.
Acts of development and innovation could be generated income from in countless various methods. Entrepreneurs in every field– such as vaccinations, education, renewable energy and also many others– might monetize their creations and creations faster than ever. Getting them to market in innovative new ways, turning over IP to those who can improve what they’ve produced, either for a one-off settlement, or permit payments that might last for several years.
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