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What Are The Trends In Blue-Chip NFTs

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Non-fungible tokens (NFTs) are now popular. Its popularity increased in 2021, coinciding with the cryptocurrency boom as Bitcoin and other cryptocurrencies gained general acceptance. To begin, NFTs are tokens that may be used to represent ownership of unique digital goods such as a piece of art or a sound sample purchased with Ethereum, a sort of cryptocurrency.

An NFT’s ownership is recorded on a blockchain, and the public may view its legitimacy, ownership, and provenance. To be honest, NFTs have been around since 2014, but it was only lately that this technology became popular, with sales reaching US$25 billion last year, up from US$94.9 million in 2020, according to DappRadar statistics. With such a large market, NFTs became a certain way for people to make quick money or perhaps a career as digital artists. Celebrities and large corporations have also come on board to generate and purchase these digital tokens.

https://retroworldnews.com/what-are-the-trends-in-blue-chip-nfts/