A “Non-Fungible Token” (NFT) is an “inimitable” asset in the digital world that can be bought and sold like any other type of property. Essentially, NFTs represent immutable certificates of ownership of virtual or physical assets.
According to CoinMarketCap, the NFT market currently has a capitalization of more than $ 750,000,000,000.
NFT MARKET GROWTH
From August 2020 to August 2021, the monthly volume grew approximately 1000 times; from 2.7 million in August 2020 to 2.9 billion in August 2021.