NFTs find true utility with the advent of the Metaverse in 2021 By Cointelegraph

The expansion of NFTs has shot to the following stage when it comes to reputation and discovering acceptance from the crypto neighborhood and the mainstream alike. Nonfungible tokens (NFTs) that have been initially regarded as a bubble are actually increasing their protection throughout the cryptoverse.

In accordance with a report by DappRadar, the NFT market has had its greatest yr, producing over $23 billion with the ground market capitalization of the highest 100 NFT collections standing at $16.7 billion, as of Dec. 17, even earlier than the yr closed out.