Top 10 NFT Trends to Watch Out For in 2023

 

The new year is speculated to come with a major transition for the NFT industry, shifting from hype to utility.

LAGOS (CoinChapter.com) — In 2021, non-fungible tokens (NFTs) were introduced to the decentralized finance (DeFi) industry, and it grew rapidly as multinational corporations, global conglomerates, and prominent individuals/celebrities joined the community.

However, the buildup dropped significantly this year due to the downtrend recorded across the cryptocurrency sector. In fact, after experiencing a massive upswing in 2021 with around 1.5 million in NFT art sales, Q3 and Q4 of 2022 saw the NFT market plummets to a new low..... Related post........

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