5 emerging trends in the NFT and crypto space to watch out for

economictimes.indiatimes.com:

NFT and crypto space that you need to know about:Own Your Art With the cost of NFTs hitting new records each time, small time crypto investors have been feeling left out of the art NFT scene. After all, how many of us can afford a Bored Ape NFT that costs lakhs of rupees? One trend that has caught on to counter this is what is known as Fractionalised NFTs in which ownership is shared among multiple owners so as to bring down the price of an artwork to an affordable level. A popular example is famed street artist Banksy’s Gorilla in a Street Mask NFT that will be sold as a collection of 10,000 fractionalised NFTs for $750 each.Gaming Gets NFT-fied With in-game NFT assets being developed by some of the top names in the gaming space, its no wonder GameFi (gaming and finance) is fast getting traction among users and developers alike. One of the biggest names in this space is Axie Infinity that is inspired by Pokemon that features collectible pets called ‘Axies’. It has reportedly collected over a billion dollars of in-game assets through its tokens that can be used in the game’s ecosystem. Gaming and NFTs seem like a match in heaven and we’re just getting started with what can be done. This year, keep an eye out for NFTs from games like Thunder Lands and Metawars among others.

Did you Know?

DeFi is enabling developers to create new financial products like decentralised banking, decentralised money markets and decentralised asset management firms

Films Get In The Act If you thought streaming came into its own in the last couple of years, wait until movie NFTs become mainstream. From web series such as Ajay Devgn-starrer 'Rudra' launching metaverse characters to using NFTs to fund the entire pilot