What Is NFT and Why Is It So Popular?

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What Is NFT and Why Is It So Popular?

                                                     Author: CryptoKitties Team

You can also read : Top 25 NFT Startups to Watch out in 2023

  • high-profile held and planned sales of digital works at Christie’s and Sotheby’s;
  • the popularity of digital twins of museums and virtual galleries with remote access in 2020;
  • the emergence of accessible online platforms for the purchase/sale of digital works with NFT technology;
  • attracting a new young audience through technology and digital currency;
  • growth in cryptocurrency rates;
  • acceptance of the value of virtual digital artifacts, thanks to computer games, virtual worlds, brand support;
  • new opportunities for artists and collectors to interact directly;
  • a decrease in Gen Z’s desire to own physical art objects with all the attendant concerns about them;
  • the urge to buy here and now at the moment, publicly demonstrating its status.

You can also read : How to Build an NFT Marketplace on Ethereum Blockchain?

What is Qube?

Qube is a multifunctional crypto community that offers a range of decentralized finance (DeFi) services, swap protocol and staking app, as well as a cryptocurrency platform for creating and trading non-fungible tokens (NFT) and many other convenient features.

Credit : Medium

By |2022-10-10T20:04:49+05:30October 10th, 2022|#nft|Comments Off on What Is NFT and Why Is It So Popular?

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