The NFT Market: Our Thoughts on the Creation of a Life Changing Hyper-growth Industry - An opinion piece by Lila Xu
There have been many attempts to bring NFTs to the real world, especially in the domain of arts, entertainment and collectibles.
- There have been many attempts to bring NFTs to the real world, especially in the domain of arts, entertainment and collectibles.
- The release of the ERC721 token standard in early 2018 further fuelled the precipitous rise of NFT tech, providing developers with the tools to more easily build new products.
- For example, the NASDAQ\'s dot-com stocks in the 1990s witnessed a 456% explosion in growth over a five-year period.
- More recently, an ETF for cannabis stocks grew 212% in just five months, between October 2020 and February 2021.