'The Promising Future of the NFT Marketplace' by amitbiwaal futureofgaming nfts
having come up with varying liquidity pool depths between different trading pairs, users were perplexed about choosing the platform for a perfect trade.
As the platforms move towards scalable, cost-effective solutions and more mainstream players enter the space; we will experience trading in next-generation NFT marketplaces., the NFT marketplace grew to almost $41 billion in 2021. Last year was a breakout year for NFTs as tons of money poured into the NFT space.
As of May 1, 2022, over 491,000 addresses have transacted with NFTs marking steady growth. The number of active NFT collections on OpenSea has also grown consistently since March 2021.revealed that NFTs registered eightfold gains in quarterly trading volumes between Q2 and Q3 2021. It is also a clear indicator that YoY sales and the popularity of NFT marketplaces are growing massively.
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