Hi all,
The eighth episode of Genesis Block's Thematic Analysis series focuses on The State of NFTs.
Commencing in the summer of 2021, NFTs have successfully widened the scope of “crypto” to a much larger audience. The primary reason for this is the technology’s ability to blend media and culture into the existing financial components of blockchain technology.
Given this, NFTs – implemented in their many forms – are meant to be the gateway to help onboard mainstream internet users. Not just the next 10 million, but 1 billion. Thus, it is important to occasionally take a pulse of the market so that we may recalibrate and reassess where we are in the adoption timeline.
Literature mentioned:
Stay tuned for our article on the State of NFTs that releases later this week!
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The State of NFTs