As the non-fungible token market reaches a vast number, it is good to look back on the initial days of NFTs and remember the challenges revealed by Cryptokitties.
Cryptokitties was the first example of potential NFT mass adoption built by the Dapper Labs team. Since then, new NFT marketplace platforms such as Rarible, Sorare and OpenSea have been introduced to encourage NFT Development. The research published on NonFungible.com says that the total value of NFT transactions in 2020 increased by 299% compared to 2019 and exceeded $250 million. Experts predict that non-fungible tokens will be the driving force behind the virtual economy in the coming 10 years.
The NFT marketplace is expected to grow tremendously, and developing an NFT marketplace is a great opportunity.
Read more: https://www.leewayhertz.com/develop-nft-marketplace-platform/
Michael Scott Blog 