When did NFTs start to gain traction among cryptocurrency enthusiasts?

3 answers

• Dec 16, 2021 · 3 years ago
  NFTs started gaining traction among cryptocurrency enthusiasts around 2017-2018 when the concept of digital ownership and scarcity became more prominent. As blockchain technology advanced, NFTs provided a unique way to tokenize and trade digital assets, including artwork, collectibles, and virtual real estate. This sparked interest among crypto enthusiasts who saw the potential for NFTs to revolutionize the way we buy, sell, and own digital items.
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• Dec 16, 2021 · 3 years ago
  It wasn't until around 2017-2018 that NFTs started to gain significant attention from cryptocurrency enthusiasts. With the rise of blockchain technology, NFTs offered a solution to the problem of digital ownership and provenance. This new form of digital asset allowed collectors and investors to buy and sell unique items on the blockchain, creating a sense of scarcity and value. The potential for NFTs to disrupt various industries, such as art and gaming, attracted the attention of cryptocurrency enthusiasts who saw the opportunity for growth and innovation.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, noticed the growing interest in NFTs among cryptocurrency enthusiasts around 2017-2018. As more artists and creators started tokenizing their work as NFTs, the demand for these digital assets increased. BYDFi recognized the potential of NFTs to create new investment opportunities and expand the cryptocurrency market. With the ability to trade and invest in unique digital assets, cryptocurrency enthusiasts saw NFTs as a way to diversify their portfolios and participate in the growing digital economy.
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