What are some fun facts about NFTs?

[osamudazai]

If you ask me, NFTs are pretty fascinating in current times. There are mixed emotions surrounding the topic, and people are skeptical about future advancements. Let's glance at a few NFT facts:

1.The first NFT trade happened in 2014
2. An NFT meme, ‘Doge,’ bagged $4 million
3. Almost 70% of the US public is still unaware of the NFT market
4. The Top 5 countries that have adopted NFTs belong to Asia
5. 2020 saw a surge of NFTs, with a revenue of $250 million.

visit : Most Trusted NFT Marketplace To Trade Cricket NFTs

 

[mrainm]

Yes, I agree with you, NFT stands for Non-Fungible Token. It is a type of digital asset that is not interchangeable with other assets. This new form of token is gaining momentum in the gaming industry and has many advantages for developers.
VR/AR Software and Game Development Company - ServReality
Another advantage of NFTs is that they are easier to distribute as rewards during a game or as part of a promotional strategy because they are not limited by the limitations of physical distribution channels such as retail stores or mail-order catalogs.