This form of digital art, which associates a certain value with a unique original object, created a furore. Today, he is truly listless. For the renowned North American newspaper, the increase in interest rates crushed the risky bets in the financial markets, and with the high speculative level of the non-fungible Tokens, they become imminent victims.
NBC News also points to the high number of hackers, thieves and scammers. There is no stable protection by platforms like OpenSea, the largest market today.
But Chainalysis does not think the same and considers that it is only a stabilization after the boom of 2021. In a report published last Thursday, it noted: “NFTs experienced explosive growth in 2021, but this growth has not been constant. and has stabilized so far in 2022.”
“It will be interesting to see if NFTs can regain the broad public interest they achieved in late 2021, and if this leads to increased transaction activity or increased prices for popular NFT collections,” the portal insisted.
However, companies continue to bet on non-fungible tokens. This is the case of Starbucks, which announced this week its NFT loyalty program, while Coinbase, a cryptocurrency trading platform, stated that it will allow its users to carry out transactions with non-fungible Tokens.
Source: Ambito
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