NFT Market Analysis
The NFT market has been growing in popularity
NFTs, non-fungible tokens, are a disruptive way to store data on a digital ledger through the blockchain.
Differently from a fungible token, such as Bitcoin or the MDUSA token, NFTs are unique, where one NFT is different from another.
Arts, tickets, videos and photos are examples of NFTs, but they can be much more. The imagination is the limit.
Why do they have value? Value has a subjective side. If you imagine a painting, some people can place a high value on it and some don't.
With NFTs, you can prove you have something unique that others don't. NFTs are also part of the history of the cryptomarket through the blockchain.
Considering only the biggest NFT marketplaces, the market cap of this section had already more than 19 billion USD and moved around 250 million USD each day. A new market with limitless possibilities.
We truly believe that NFTs, as cryptocurrencies, can have a lot of possibilities of use, including investment asset.
That being said, we are inside this segment with some projects bringing different values to each collection of NFTs. Some are artistic, others have game functions and others with a ludic side (comic).
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