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NFTs Are Thriving, Just With Less of an Environmental Impact

The non-fungible tokens (NFTs) craze seems to have stalled. In fact, the popular digital asset class has been making fewer and fewer headlines lately.

However, the NFT market seems to be thriving despite the lack of media attention. This is according to a recent report by Nasdaq.

In fact, more and more celebrities and artists are starting to see the value in creating NFTs. This increase in adoption has been partly fueled by the ongoing COVID-19 restrictions. As such, for most artists, the less active social scene has led to a fall in revenue. To mitigate this, artists are turning to NFTs to mak…

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Source: Cryptocurrency - investing.com

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