
Over the last yr, nonfungible tokens (NFTs) continued to play a crucial aim in the rising Web3 alternate. NFTs initiated a shift away from hype-based mostly completely drops, to utility-centric initiatives with lengthy-term cost.
A up to date DappRadar document on blockchain and decentralized application (DApp) adoption in 2022 printed that the NFT sale count last yr reached 101 million — a 67.57% enlarge from the outdated yr.
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