Why are NFT’s so important?

As the world becomes more and more digital, many objects emerge as digital only, and the solution to the ownership question is NFT’s (non-fungible tokens). Currently, the NFT’s market is getting close to a major milestone — $100 million NFT’s sold which can be checked at NonFungible.com.

According to a recent year-end report by NonFungible.com, the leading data provider for the NFT’s industry, the total market capitalization of all NFT’s stood at about $210 million in 2019. By 2021, it is predicted that the NFT’s market will reach $710 million. Bitcoin started in 2009 and reached a trillion-dollar market in February 2021. NFT’s are set to reach a trillion-dollar market much, much faster.