NFTs find true utility with the advent of the Metaverse in 2021 By Cointelegraph

Jan 1, 2022



The expansion of NFTs has shot to the following degree by way of recognition and discovering acceptance from the crypto group and the mainstream alike. Nonfungible tokens (NFTs) that had been initially regarded as a bubble at the moment are increasing their protection throughout the cryptoverse.

In line with a report by DappRadar, the NFT market has had its greatest 12 months, producing over $23 billion with the ground market capitalization of the highest 100 NFT collections standing at $16.7 billion, as of Dec. 17, even earlier than the 12 months closed out.