Unless you’ve been living under a rock, you’ll know that non-fungible tokens are one of the most polarizing aspects of blockchain technology. NFTs have exploded in recent years, and as the dust begins to settle, one thing is starting to be clear:
Love them or hate them, NFTs are here to stay. What’s more, they’re evolving.
In the past, NFT collectors could only be found trawling NFT marketplaces like OpenSea for the next Beeple or Bored Ape Yacht Club. It seemed the only use case for the technology was to trade NFTS and flip JPEGs for a profit.
These days, mass adoption is in full swing. Some of the world’s largest companies, like Starbucks and Amazon, are integrating NFTs into their business models. Reddit avatars took the internet by storm, putting NFTs into millions of new users’ wallets for the first time.
Despite the undeniable growth of the NFT ecosystem, some lingering questions remain…
