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NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq
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Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and bring athletes closer to their fans.
Prior to 2021 — and a few blockbuster sales from Beeple — NFT-based art was relatively obscure. And while OpenSea was in existence, the massive trading volumes seen in the last six months were unimaginable.
The success of Dapper Labs’ NBA TopShot NFTs proved that digital collectibles have wide-ranging appeal, and to date, more than $780 million in collectibles have been bought and sold on the platform. In late September, Dapper Labs raised an additional
Read more on cointelegraph.comAbout this in other media
Trick or Treat: Will Halloween NFTs be hauntingly good or too spooky for crypto? cointelegraph.com /3 years ago
FATF Wants Countries to Get Serious About Crypto Regulation, Mentions NFTs, DeFi cryptonews.com /3 years ago
Dogecoin Conference rebrands as Hodl Assets and gets into fashion NFTs cointelegraph.com /3 years ago
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