Increased adoption of Metaverse NFTs will power the next NFT growth cycle
Virtual events, land and financial services in the Metaverse will unlock a trillion-dollar deal that will drive the next NFT investing boom.
Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors’ interest in the past year. As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion.