{"id":186568,"date":"2021-02-23T08:23:23","date_gmt":"2021-02-23T05:23:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/new-report-predicts-nfts-will-explode-in-popularity-during-2021\/"},"modified":"2021-02-23T08:23:23","modified_gmt":"2021-02-23T05:23:23","slug":"new-report-predicts-nfts-will-explode-in-popularity-during-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/new-report-predicts-nfts-will-explode-in-popularity-during-2021\/","title":{"rendered":"# New report predicts NFTs will explode in popularity during 2021"},"content":{"rendered":"

“# New report predicts NFTs will explode in popularity during 2021 <\/strong>”
\n<\/p>\n

Canadian-based analytics company NonFungible<\/a> has released a report predicting that 2021 is poised for \u201ca new Bull Market in the NFT industry.\u201d<\/p>\n

Although NFTs have been around since ERC-721 was invented by William Entriken, Dieter Shirley, Jacob Evans, and Nastassia Sachs in January 2018, the sector largely remained an obscurity outside of hardcore crypto circles until the latter part of 2020. The second half of 2020 saw NFT sales increase by 200% to more than $9 million. <\/p>\n

However, NFT sales have since risen at an incredible rate with app<\/a>roximately $60 million non-fungible tokens sold<\/a> in the last 24 hours.<\/p>\n

The value of highly-sought NFTs has similarly skyrocketed, with multiple NFT sales garnering more than $1 million<\/a> each in February so far. On Feb. 22, one collectible in the Cryptopunk series<\/a> sold<\/a> for 550 ETH, worth more than $1 million at the time of sale.<\/p>\n

\n

Farewell, my queen pic.twitter.com\/EruVsLfOUu<\/a><\/p>\n

\u2014 DANNY (@seedphrase) February 22, 2021<\/a><\/p><\/blockquote>\n