{"id":496211,"date":"2022-09-27T00:30:00","date_gmt":"2022-09-26T21:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/innovation-will-drive-nft-adoption-despite-mainstream-presence-nftgo-founder\/"},"modified":"2024-08-21T10:50:49","modified_gmt":"2024-08-21T07:50:49","slug":"innovation-will-drive-nft-adoption-despite-mainstream-presence-nftgo-founder","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/innovation-will-drive-nft-adoption-despite-mainstream-presence-nftgo-founder\/","title":{"rendered":"#Innovation will drive NFT adoption despite mainstream presence: NFTGo founder"},"content":{"rendered":"<div data-v-6ebd806f=\"\">\n<audio class=\"wp-audio-shortcode\" id=\"audio-496211-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/s3.cointelegraph.com\/audio\/94051.c3c9c8ea-5f7e-43d9-ac7b-98ffd63e8b8c.mp3?_=1\" \/><a href=\"https:\/\/s3.cointelegraph.com\/audio\/94051.c3c9c8ea-5f7e-43d9-ac7b-98ffd63e8b8c.mp3\">https:\/\/s3.cointelegraph.com\/audio\/94051.c3c9c8ea-5f7e-43d9-ac7b-98ffd63e8b8c.mp3<\/a><\/audio>\n<\/div>\n<div data-v-6ebd806f=\"\"><\/div>\n<div class=\"post-content\" data-v-6ebd806f=\"\">The presence of big players in the nonfungible tokens market might evangelize newbies, but they do not lead to mass adoption or innovation, claimed Tony Ling, co-founder of NFTGo in a conversation with Cointelegraph.Major developments, such as Adobe&#8217;s acquisition of Figma, would potentially impact creators per the combination of both the companies&#8217; features. Adobe, for example, owns Behance, a creative showcase platform that allows users to connect crypto wallets and NFTs to their profiles, while Figma provides kits for NFT creators.<\/p>\n<p>The mainstream presence in the space, however, isn&#8217;t seen as a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> changer, as the industry faces challenges with high royalty fees and a bear market \u2014 as seen by the recent 20% staff layoff at OpenSea. &#8220;Key innovation must h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en in the new center, not some existing big unicorns&#8221;, added Ling.<\/p>\n<p>Blockchain adviser and Bundlesbets.com CEO Brenda Gentry shared a similar view, noting that she believes the &#8220;industry will always adapt and find new tools&#8221;, regardless of the players in the market.<\/p>\n<p>The Nansen NFT indexes, which track the performance of NFT market cross sectors, is down 24% this year at time of publication. This is in line with the broad market consolidation, explained Louisa Choe, Research Analyst at Nansen:<\/p>\n<blockquote><p>&#8220;We are seeing lower volumes across the market. However, NFT projects with solid community narratives and cultural references have continued to perform.&#8221;<\/p><\/blockquote>\n<p>The GameFi sector is likely to drive a rebound, suggests recent data from Dappradar. The total NFT trading volume increased by 13.25% in August, and sales rose by 83.36% to over 1.3 million nonfungible tokens traded. Central, Southern Asia and Oceania (CSAO) is seeing\u00a058% of its all web traffic going to cryptocurrency services are NFT-related, driving its crypto adoption, a new Chainalysis report found.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span> too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/innovation-will-drive-nft-adoption-despite-mainstream-presence-nftgo-founder\" target=\"_blank\" rel=\"noopener\" data-wplink-edit=\"true\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The presence of big players in the nonfungible tokens market might evangelize newbies, but they do not lead to mass adoption or innovation, claimed Tony Ling, co-founder of NFTGo in a conversation with Cointelegraph.Major developments, such as Adobe&#8217;s acquisition of Figma, would potentially impact creators per the combination of both the companies&#8217; features. Adobe, for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":496212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvZTBiOGNlODAtY2VkMC00MmI0LTgxMWItZGMyN2ZjYmIzNmFlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[95118,74355,4965],"class_list":["post-496211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-nft","tag-adoption","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/496211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=496211"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/496211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/496212"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=496211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=496211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=496211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}